Daedong Steel Balance Sheet Health
Financial Health criteria checks 3/6
Daedong Steel has a total shareholder equity of ₩70.9B and total debt of ₩4.4B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₩91.5B and ₩20.7B respectively.
Key information
6.2%
Debt to equity ratio
₩4.40b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩33.87b |
| Equity | ₩70.87b |
| Total liabilities | ₩20.66b |
| Total assets | ₩91.54b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A048470's short term assets (₩79.5B) exceed its short term liabilities (₩16.6B).
Long Term Liabilities: A048470's short term assets (₩79.5B) exceed its long term liabilities (₩4.1B).
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 increased from 1% 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.