Woosung Balance Sheet Health
Financial Health criteria checks 2/6
Woosung has a total shareholder equity of ₩182.5B and total debt of ₩131.9B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ₩425.3B and ₩242.8B respectively. Woosung's EBIT is ₩5.7B making its interest coverage ratio 0.9. It has cash and short-term investments of ₩44.1B.
Key information
72.3%
Debt to equity ratio
₩131.92b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₩44.11b |
| Equity | ₩182.52b |
| Total liabilities | ₩242.81b |
| Total assets | ₩425.33b |
Recent financial health updates
Recent updates
Woosung's (KRX:006980) Solid Profits Have Weak Fundamentals
Mar 21
Returns At Woosung Feed (KRX:006980) Appear To Be Weighed Down
Apr 08Woosung Feed Co., Ltd. (KRX:006980) Doing What It Can To Lift Shares
Mar 13Would Woosung Feed (KRX:006980) Be Better Off With Less Debt?
Feb 15
Should Woosung Feed Co., Ltd. (KRX:006980) Be Part Of Your Dividend Portfolio?
Jan 19Is It Smart To Buy Woosung Feed Co., Ltd. (KRX:006980) Before It Goes Ex-Dividend?
Dec 24We're Not Counting On Woosung Feed (KRX:006980) To Sustain Its Statutory Profitability
Dec 08Financial Position Analysis
Short Term Liabilities: A006980's short term assets (₩248.1B) exceed its short term liabilities (₩211.1B).
Long Term Liabilities: A006980's short term assets (₩248.1B) exceed its long term liabilities (₩31.7B).
Debt to Equity History and Analysis
Debt Level: A006980's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: A006980's debt to equity ratio has increased from 42.6% to 72.3% over the past 5 years.
Debt Coverage: A006980's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: A006980's interest payments on its debt are not well covered by EBIT (0.9x coverage).