Shinhan 8th Special Purpose Acquisition Balance Sheet Health
Financial Health criteria checks 4/6
Shinhan 8th Special Purpose Acquisition has a total shareholder equity of ₩13.8B and total debt of ₩1.3B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₩15.2B and ₩1.4B respectively.
Key information
9.5%
Debt to equity ratio
₩1.32b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩2.10b |
| Equity | ₩13.84b |
| Total liabilities | ₩1.36b |
| Total assets | ₩15.20b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: A393360's short term assets (₩2.2B) exceed its short term liabilities (₩990.0K).
Long Term Liabilities: A393360's short term assets (₩2.2B) exceed its long term liabilities (₩1.4B).
Debt to Equity History and Analysis
Debt Level: A393360 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A393360's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A393360's debt is well covered by operating cash flow (21.4%).
Interest Coverage: Insufficient data to determine if A393360's interest payments on its debt are well covered by EBIT.