Changhae Ethanol Balance Sheet Health
Financial Health criteria checks 5/6
Changhae Ethanol has a total shareholder equity of ₩128.1B and total debt of ₩45.0B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are ₩191.5B and ₩63.3B respectively. Changhae Ethanol's EBIT is ₩14.6B making its interest coverage ratio 7.3. It has cash and short-term investments of ₩4.3B.
Key information
35.1%
Debt to equity ratio
₩45.00b
Debt
Interest coverage ratio | 7.3x |
Cash | ₩4.33b |
Equity | ₩128.14b |
Total liabilities | ₩63.33b |
Total assets | ₩191.47b |
Recent financial health updates
Recent updates
Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?
May 01Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?
Mar 20Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?
Mar 02These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt Extensively
Feb 10Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% Yield
Jan 23If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%
Jan 08Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?
Dec 24Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 12Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention Today
Nov 28Financial Position Analysis
Short Term Liabilities: A004650's short term assets (₩71.7B) exceed its short term liabilities (₩61.0B).
Long Term Liabilities: A004650's short term assets (₩71.7B) exceed its long term liabilities (₩2.4B).
Debt to Equity History and Analysis
Debt Level: A004650's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: A004650's debt to equity ratio has reduced from 97.9% to 35.1% over the past 5 years.
Debt Coverage: A004650's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: A004650's interest payments on its debt are well covered by EBIT (7.3x coverage).