SK Innovation Balance Sheet Health
Financial Health criteria checks 2/6
SK Innovation has a total shareholder equity of ₩33,101.7B and total debt of ₩32,550.8B, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are ₩86,390.1B and ₩53,288.4B respectively. SK Innovation's EBIT is ₩1,614.2B making its interest coverage ratio 1.9. It has cash and short-term investments of ₩13,516.9B.
Key information
98.3%
Debt to equity ratio
₩32.55t
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₩13.52t |
| Equity | ₩33.10t |
| Total liabilities | ₩53.29t |
| Total assets | ₩86.39t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A096775's short term assets (₩32,135.2B) exceed its short term liabilities (₩29,743.0B).
Long Term Liabilities: A096775's short term assets (₩32,135.2B) exceed its long term liabilities (₩23,545.4B).
Debt to Equity History and Analysis
Debt Level: A096775's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: A096775's debt to equity ratio has increased from 49.6% to 98.3% over the past 5 years.
Debt Coverage: A096775's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: A096775's interest payments on its debt are not well covered by EBIT (1.9x coverage).