Gyeongnam Steel Balance Sheet Health
Financial Health criteria checks 5/6
Gyeongnam Steel has a total shareholder equity of ₩108.2B and total debt of ₩29.7B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are ₩179.7B and ₩71.5B respectively. Gyeongnam Steel's EBIT is ₩6.2B making its interest coverage ratio 7.9. It has cash and short-term investments of ₩12.1B.
Key information
27.4%
Debt to equity ratio
₩29.68b
Debt
| Interest coverage ratio | 7.9x |
| Cash | ₩12.08b |
| Equity | ₩108.20b |
| Total liabilities | ₩71.54b |
| Total assets | ₩179.74b |
Recent financial health updates
Recent updates
Gyeongnam Steel (KOSDAQ:039240) May Have Issues Allocating Its Capital
Apr 03
Introducing 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 14
Will Gyeongnam Steel (KOSDAQ:039240) Multiply In Value Going Forward?
Dec 21Financial Position Analysis
Short Term Liabilities: A039240's short term assets (₩127.9B) exceed its short term liabilities (₩71.2B).
Long Term Liabilities: A039240's short term assets (₩127.9B) exceed its long term liabilities (₩309.6M).
Debt to Equity History and Analysis
Debt Level: A039240's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: A039240's debt to equity ratio has increased from 24.5% to 27.4% over the past 5 years.
Debt Coverage: A039240's debt is well covered by operating cash flow (29.7%).
Interest Coverage: A039240's interest payments on its debt are well covered by EBIT (7.9x coverage).