Singsong HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Singsong HoldingsLtd has a total shareholder equity of ₩103.6B and total debt of ₩94.6B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are ₩242.9B and ₩139.4B respectively. Singsong HoldingsLtd's EBIT is ₩9.2B making its interest coverage ratio 2. It has cash and short-term investments of ₩3.5B.
Key information
91.4%
Debt to equity ratio
₩94.60b
Debt
| Interest coverage ratio | 2x |
| Cash | ₩3.54b |
| Equity | ₩103.55b |
| Total liabilities | ₩139.38b |
| Total assets | ₩242.94b |
Recent financial health updates
Singsong HoldingsLtd (KRX:006880) Seems To Be Using A Lot Of Debt
Mar 16
Is Singsong Holdings (KRX:006880) Using Too Much Debt?
Mar 04Singsong Holdings (KRX:006880) Seems To Be Using A Lot Of Debt
Nov 29
Recent updates
Singsong HoldingsLtd's (KRX:006880) Profits Appear To Have Quality Issues
Mar 25Singsong HoldingsLtd (KRX:006880) Seems To Be Using A Lot Of Debt
Mar 16Singsong Holdings' (KRX:006880) Profits Appear To Have Quality Issues
Mar 24Is Singsong Holdings (KRX:006880) Using Too Much Debt?
Mar 04Will Singsong Holdings' (KRX:006880) Growth In ROCE Persist?
Jan 28Dividend Investors: Don't Be Too Quick To Buy Singsong Holdings Co., Ltd. (KRX:006880) For Its Upcoming Dividend
Dec 24Singsong Holdings (KRX:006880) Seems To Be Using A Lot Of Debt
Nov 29Financial Position Analysis
Short Term Liabilities: A006880's short term assets (₩35.1B) do not cover its short term liabilities (₩109.9B).
Long Term Liabilities: A006880's short term assets (₩35.1B) exceed its long term liabilities (₩29.5B).
Debt to Equity History and Analysis
Debt Level: A006880's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: A006880's debt to equity ratio has increased from 30.1% to 91.4% over the past 5 years.
Debt Coverage: A006880's debt is not well covered by operating cash flow (9%).
Interest Coverage: A006880's interest payments on its debt are not well covered by EBIT (2x coverage).