Able C&C Balance Sheet Health
Financial Health criteria checks 5/6
Able C&C has a total shareholder equity of ₩87.1B and total debt of ₩1.9B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₩176.1B and ₩89.0B respectively. Able C&C's EBIT is ₩12.5B making its interest coverage ratio 22.5. It has cash and short-term investments of ₩32.8B.
Key information
2.2%
Debt to equity ratio
₩1.95b
Debt
Interest coverage ratio | 22.5x |
Cash | ₩32.78b |
Equity | ₩87.15b |
Total liabilities | ₩88.97b |
Total assets | ₩176.12b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A078520's short term assets (₩104.2B) exceed its short term liabilities (₩69.6B).
Long Term Liabilities: A078520's short term assets (₩104.2B) exceed its long term liabilities (₩19.4B).
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 2.1% to 2.2% over the past 5 years.
Debt Coverage: A078520's debt is well covered by operating cash flow (1035.3%).
Interest Coverage: A078520's interest payments on its debt are well covered by EBIT (22.5x coverage).