MH EthanolLtd Balance Sheet Health
Financial Health criteria checks 2/6
MH EthanolLtd has a total shareholder equity of ₩96.8B and total debt of ₩198.0B, which brings its debt-to-equity ratio to 204.6%. Its total assets and total liabilities are ₩440.4B and ₩343.6B respectively. MH EthanolLtd's EBIT is ₩19.0B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩26.3B.
Key information
204.6%
Debt to equity ratio
₩198.04b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩26.28b |
| Equity | ₩96.80b |
| Total liabilities | ₩343.57b |
| Total assets | ₩440.37b |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At MH EthanolLtd (KRX:023150)
Aug 13
MH EthanolLtd (KRX:023150) Might Be Having Difficulty Using Its Capital Effectively
Apr 06Is 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 (₩61.1B) do not cover its short term liabilities (₩289.6B).
Long Term Liabilities: A023150's short term assets (₩61.1B) exceed its long term liabilities (₩53.9B).
Debt to Equity History and Analysis
Debt Level: A023150's net debt to equity ratio (177.5%) is considered high.
Reducing Debt: A023150's debt to equity ratio has reduced from 335.8% to 204.6% over the past 5 years.
Debt Coverage: A023150's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: A023150's interest payments on its debt are not well covered by EBIT (1.7x coverage).