Hung -Gu Oil Balance Sheet Health
Financial Health criteria checks 3/6
Hung -Gu Oil has a total shareholder equity of ₩78.6B and total debt of ₩8.0B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₩91.0B and ₩12.5B respectively. Hung -Gu Oil's EBIT is ₩49.1M making its interest coverage ratio 0.1. It has cash and short-term investments of ₩294.0M.
Key information
10.2%
Debt to equity ratio
₩8.00b
Debt
| Interest coverage ratio | 0.1x |
| Cash | ₩294.00m |
| Equity | ₩78.56b |
| Total liabilities | ₩12.47b |
| Total assets | ₩91.03b |
Recent financial health updates
We Think Hung -Gu Oil (KOSDAQ:024060) Has A Fair Chunk Of Debt
Jul 31
Hung -Gu Oil (KOSDAQ:024060) Has A Somewhat Strained Balance Sheet
Apr 06Recent updates
Revenues Not Telling The Story For Hung -Gu Oil Ltd (KOSDAQ:024060) After Shares Rise 28%
Oct 02What Hung -Gu Oil Ltd's (KOSDAQ:024060) 31% Share Price Gain Is Not Telling You
Aug 02We Think Hung -Gu Oil (KOSDAQ:024060) Has A Fair Chunk Of Debt
Jul 31Hung -Gu Oil Ltd's (KOSDAQ:024060) Shares Climb 41% But Its Business Is Yet to Catch Up
Jun 04Hung -Gu Oil (KOSDAQ:024060) Has A Somewhat Strained Balance Sheet
Apr 06Investors Interested In Hung -Gu Oil Ltd's (KOSDAQ:024060) Revenues
Mar 20Shareholders Of Hung -Gu Oil (KOSDAQ:024060) Must Be Happy With Their 201% Total Return
Feb 06How Much Of Hung -Gu Oil Ltd (KOSDAQ:024060) Do Insiders Own?
Dec 15Financial Position Analysis
Short Term Liabilities: A024060's short term assets (₩6.2B) exceed its short term liabilities (₩3.5B).
Long Term Liabilities: A024060's short term assets (₩6.2B) do not cover its long term liabilities (₩9.0B).
Debt to Equity History and Analysis
Debt Level: A024060's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: A024060's debt to equity ratio has increased from 0% to 10.2% over the past 5 years.
Debt Coverage: A024060's debt is well covered by operating cash flow (34.9%).
Interest Coverage: A024060's interest payments on its debt are not well covered by EBIT (0.1x coverage).