Hung -Gu Oil Balance Sheet Health
Financial Health criteria checks 2/6
Hung -Gu Oil has a total shareholder equity of ₩78.2B and total debt of ₩9.0B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₩92.9B and ₩14.7B respectively.
Key information
11.5%
Debt to equity ratio
₩9.00b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩296.73m |
| Equity | ₩78.16b |
| Total liabilities | ₩14.70b |
| Total assets | ₩92.87b |
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
What 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 (₩7.9B) exceed its short term liabilities (₩5.8B).
Long Term Liabilities: A024060's short term assets (₩7.9B) do not cover its long term liabilities (₩8.9B).
Debt to Equity History and Analysis
Debt Level: A024060's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: A024060's debt to equity ratio has increased from 0% to 11.5% over the past 5 years.
Debt Coverage: A024060's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A024060's interest payments on its debt are well covered by EBIT.