Tong Yang Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Tong Yang Life Insurance has a total shareholder equity of ₩2,193.3B and total debt of ₩0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₩33,305.8B and ₩31,112.5B respectively. Tong Yang Life Insurance's EBIT is ₩393.9B making its interest coverage ratio 3. It has cash and short-term investments of ₩25,530.6B.
Key information
0%
Debt to equity ratio
₩0
Debt
| Interest coverage ratio | 3x |
| Cash | ₩25.53t |
| Equity | ₩2.19t |
| Total liabilities | ₩31.11t |
| Total assets | ₩33.31t |
Recent financial health updates
No updates
Recent updates
There's No Escaping Tong Yang Life Insurance Co., Ltd.'s (KRX:082640) Muted Earnings Despite A 27% Share Price Rise
Jun 21
Would Tong Yang Life Insurance Co., Ltd. (KRX:082640) Be Valuable To Income Investors?
Mar 25Should Tong Yang Life Insurance Co., Ltd. (KRX:082640) Be Part Of Your Dividend Portfolio?
Dec 10Financial Position Analysis
Short Term Liabilities: A082640's short term assets (₩26,285.3B) exceed its short term liabilities (₩245.6B).
Long Term Liabilities: A082640's short term assets (₩26,285.3B) do not cover its long term liabilities (₩30,866.9B).
Debt to Equity History and Analysis
Debt Level: A082640 is debt free.
Reducing Debt: A082640 has no debt compared to 5 years ago when its debt to equity ratio was 11.5%.
Debt Coverage: A082640 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A082640 has no debt, therefore coverage of interest payments is not a concern.