Choheung Balance Sheet Health
Financial Health criteria checks 2/6
Choheung has a total shareholder equity of ₩149.6B and total debt of ₩216.1B, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are ₩394.0B and ₩244.4B respectively. Choheung's EBIT is ₩15.6B making its interest coverage ratio 1.5. It has cash and short-term investments of ₩35.6B.
Key information
144.4%
Debt to equity ratio
₩216.08b
Debt
Interest coverage ratio | 1.5x |
Cash | ₩35.59b |
Equity | ₩149.64b |
Total liabilities | ₩244.36b |
Total assets | ₩394.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A002600's short term assets (₩228.8B) exceed its short term liabilities (₩190.7B).
Long Term Liabilities: A002600's short term assets (₩228.8B) exceed its long term liabilities (₩53.7B).
Debt to Equity History and Analysis
Debt Level: A002600's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: A002600's debt to equity ratio has increased from 47.3% to 144.4% over the past 5 years.
Debt Coverage: A002600's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: A002600's interest payments on its debt are not well covered by EBIT (1.5x coverage).