Woosung Balance Sheet Health
Financial Health criteria checks 3/6
Woosung has a total shareholder equity of ₩179.5B and total debt of ₩153.1B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ₩452.1B and ₩272.6B respectively. Woosung's EBIT is ₩7.8B making its interest coverage ratio 1.1. It has cash and short-term investments of ₩36.7B.
Key information
85.3%
Debt to equity ratio
₩153.13b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₩36.68b |
| Equity | ₩179.49b |
| Total liabilities | ₩272.61b |
| Total assets | ₩452.10b |
Recent financial health updates
Woosung (KRX:006980) Use Of Debt Could Be Considered Risky
Sep 16
Would Woosung Feed (KRX:006980) Be Better Off With Less Debt?
Feb 15
Recent updates
Woosung (KRX:006980) Use Of Debt Could Be Considered Risky
Sep 16Woosung (KRX:006980) Is Doing The Right Things To Multiply Its Share Price
Aug 07Woosung's (KRX:006980) Solid Profits Have Weak Fundamentals
Mar 21Returns 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 15Should 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 (₩257.6B) exceed its short term liabilities (₩224.1B).
Long Term Liabilities: A006980's short term assets (₩257.6B) exceed its long term liabilities (₩48.5B).
Debt to Equity History and Analysis
Debt Level: A006980's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: A006980's debt to equity ratio has increased from 48.9% to 85.3% over the past 5 years.
Debt Coverage: A006980's debt is well covered by operating cash flow (22.8%).
Interest Coverage: A006980's interest payments on its debt are not well covered by EBIT (1.1x coverage).