Daedong Steel Balance Sheet Health
Financial Health criteria checks 4/6
Daedong Steel has a total shareholder equity of ₩69.2B and total debt of ₩4.3B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₩94.0B and ₩24.9B respectively.
Key information
6.2%
Debt to equity ratio
₩4.28b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩36.07b |
| Equity | ₩69.16b |
| Total liabilities | ₩24.88b |
| Total assets | ₩94.05b |
Recent financial health updates
Is Daedong Steel (KOSDAQ:048470) Weighed On By Its Debt Load?
Nov 15
Daedong Steel (KOSDAQ:048470) Has Debt But No Earnings; Should You Worry?
Jun 03Recent updates
Is Daedong Steel (KOSDAQ:048470) Weighed On By Its Debt Load?
Nov 15Daedong Steel (KOSDAQ:048470) Has Debt But No Earnings; Should You Worry?
Jun 03Daedong Steel Co., Ltd. (KOSDAQ:048470) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Jun 03We Like These Underlying Return On Capital Trends At Daedong Steel (KOSDAQ:048470)
Apr 19Financial Position Analysis
Short Term Liabilities: A048470's short term assets (₩82.4B) exceed its short term liabilities (₩20.6B).
Long Term Liabilities: A048470's short term assets (₩82.4B) exceed its long term liabilities (₩4.2B).
Debt to Equity History and Analysis
Debt Level: A048470 has more cash than its total debt.
Reducing Debt: A048470's debt to equity ratio has reduced from 6.5% to 6.2% over the past 5 years.
Debt Coverage: A048470's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A048470's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 22:46 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daedong Steel Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| sangyun Lee | Yuanta Securities Korea Co., Ltd. |