Able C&C Balance Sheet Health
Financial Health criteria checks 5/6
Able C&C has a total shareholder equity of ₩87.7B and total debt of ₩1.9B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₩173.8B and ₩86.2B respectively. Able C&C's EBIT is ₩11.4B making its interest coverage ratio 27.3. It has cash and short-term investments of ₩30.9B.
Key information
2.2%
Debt to equity ratio
₩1.94b
Debt
Interest coverage ratio | 27.3x |
Cash | ₩30.88b |
Equity | ₩87.69b |
Total liabilities | ₩86.16b |
Total assets | ₩173.84b |
Financial Position Analysis
Short Term Liabilities: A078520's short term assets (₩104.3B) exceed its short term liabilities (₩66.6B).
Long Term Liabilities: A078520's short term assets (₩104.3B) exceed its long term liabilities (₩19.6B).
Debt to Equity History and Analysis
Debt Level: A078520 has more cash than its total debt.
Reducing Debt: A078520's debt to equity ratio has increased from 0.9% to 2.2% over the past 5 years.
Debt Coverage: A078520's debt is well covered by operating cash flow (1248.1%).
Interest Coverage: A078520's interest payments on its debt are well covered by EBIT (27.3x coverage).