Gyeongnam Steel Balance Sheet Health
Financial Health criteria checks 6/6
Gyeongnam Steel has a total shareholder equity of ₩106.1B and total debt of ₩22.8B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₩179.0B and ₩72.9B respectively. Gyeongnam Steel's EBIT is ₩8.2B making its interest coverage ratio 10.6. It has cash and short-term investments of ₩4.1B.
Key information
21.5%
Debt to equity ratio
₩22.85b
Debt
Interest coverage ratio | 10.6x |
Cash | ₩4.14b |
Equity | ₩106.06b |
Total liabilities | ₩72.94b |
Total assets | ₩179.01b |
Recent financial health updates
Recent updates
Gyeongnam Steel (KOSDAQ:039240) May Have Issues Allocating Its Capital
Apr 03Introducing Gyeongnam Steel (KOSDAQ:039240), A Stock That Climbed 92% In The Last Year
Mar 13Gyeongnam Steel (KOSDAQ:039240) Seems To Use Debt Quite Sensibly
Feb 14Will Gyeongnam Steel (KOSDAQ:039240) Multiply In Value Going Forward?
Dec 21Financial Position Analysis
Short Term Liabilities: A039240's short term assets (₩128.6B) exceed its short term liabilities (₩72.4B).
Long Term Liabilities: A039240's short term assets (₩128.6B) exceed its long term liabilities (₩588.8M).
Debt to Equity History and Analysis
Debt Level: A039240's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: A039240's debt to equity ratio has reduced from 28.8% to 21.5% over the past 5 years.
Debt Coverage: A039240's debt is well covered by operating cash flow (38.3%).
Interest Coverage: A039240's interest payments on its debt are well covered by EBIT (10.6x coverage).