Daesang Balance Sheet Health
Financial Health criteria checks 3/6
Daesang has a total shareholder equity of ₩1,368.1B and total debt of ₩1,409.1B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are ₩3,455.0B and ₩2,086.9B respectively. Daesang's EBIT is ₩157.1B making its interest coverage ratio 4.7. It has cash and short-term investments of ₩748.9B.
Key information
103.0%
Debt to equity ratio
₩1.41t
Debt
| Interest coverage ratio | 4.7x |
| Cash | ₩748.94b |
| Equity | ₩1.37t |
| Total liabilities | ₩2.09t |
| Total assets | ₩3.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A001685's short term assets (₩1,814.4B) exceed its short term liabilities (₩1,209.7B).
Long Term Liabilities: A001685's short term assets (₩1,814.4B) exceed its long term liabilities (₩877.2B).
Debt to Equity History and Analysis
Debt Level: A001685's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: A001685's debt to equity ratio has increased from 89.3% to 103% over the past 5 years.
Debt Coverage: A001685's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: A001685's interest payments on its debt are well covered by EBIT (4.7x coverage).