Daesang Balance Sheet Health
Financial Health criteria checks 3/6
Daesang has a total shareholder equity of ₩1,409.0B and total debt of ₩1,365.2B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are ₩3,438.8B and ₩2,029.7B respectively. Daesang's EBIT is ₩157.2B making its interest coverage ratio 4.5. It has cash and short-term investments of ₩747.5B.
Key information
96.9%
Debt to equity ratio
₩1.37t
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₩747.47b |
| Equity | ₩1.41t |
| Total liabilities | ₩2.03t |
| Total assets | ₩3.44t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A001685's short term assets (₩1,794.8B) exceed its short term liabilities (₩1,152.3B).
Long Term Liabilities: A001685's short term assets (₩1,794.8B) exceed its long term liabilities (₩877.5B).
Debt to Equity History and Analysis
Debt Level: A001685's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: A001685's debt to equity ratio has increased from 80.4% to 96.9% over the past 5 years.
Debt Coverage: A001685's debt is not well covered by operating cash flow (16%).
Interest Coverage: A001685's interest payments on its debt are well covered by EBIT (4.5x coverage).