MH EthanolLtd Balance Sheet Health
Financial Health criteria checks 1/6
MH EthanolLtd has a total shareholder equity of ₩99.1B and total debt of ₩202.0B, which brings its debt-to-equity ratio to 203.8%. Its total assets and total liabilities are ₩445.2B and ₩346.2B respectively. MH EthanolLtd's EBIT is ₩18.9B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩28.6B.
Key information
203.8%
Debt to equity ratio
₩201.95b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩28.61b |
| Equity | ₩99.07b |
| Total liabilities | ₩346.16b |
| Total assets | ₩445.23b |
Recent financial health updates
Recent updates
MH EthanolLtd (KRX:023150) Might Be Having Difficulty Using Its Capital Effectively
Apr 06
Is MH Ethanol Co.,Ltd. (KRX:023150) At Risk Of Cutting Its Dividend?
Mar 13Some Shareholders Feeling Restless Over MH Ethanol Co.,Ltd.'s (KRX:023150) P/E Ratio
Feb 15Here's Why MH EthanolLtd (KRX:023150) Has A Meaningful Debt Burden
Jan 19
It Might Not Be A Great Idea To Buy MH Ethanol Co.,Ltd. (KRX:023150) For Its Next Dividend
Dec 24Is MH EthanolLtd (KRX:023150) Likely To Turn Things Around?
Dec 17Did MH EthanolLtd's (KRX:023150) Share Price Deserve to Gain 46%?
Nov 26Financial Position Analysis
Short Term Liabilities: A023150's short term assets (₩59.9B) do not cover its short term liabilities (₩183.5B).
Long Term Liabilities: A023150's short term assets (₩59.9B) do not cover its long term liabilities (₩162.7B).
Debt to Equity History and Analysis
Debt Level: A023150's net debt to equity ratio (175%) is considered high.
Reducing Debt: A023150's debt to equity ratio has reduced from 239.3% to 203.8% over the past 5 years.
Debt Coverage: A023150's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: A023150's interest payments on its debt are not well covered by EBIT (1.7x coverage).