Keum Kang Steel Balance Sheet Health
Financial Health criteria checks 4/6
Keum Kang Steel has a total shareholder equity of ₩129.1B and total debt of ₩7.8B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₩161.4B and ₩32.3B respectively. Keum Kang Steel's EBIT is ₩3.1B making its interest coverage ratio -1.3. It has cash and short-term investments of ₩62.9B.
Key information
6.0%
Debt to equity ratio
₩7.81b
Debt
| Interest coverage ratio | -1.3x |
| Cash | ₩62.88b |
| Equity | ₩129.10b |
| Total liabilities | ₩32.34b |
| Total assets | ₩161.44b |
Recent financial health updates
No updates
Recent updates
Pinning Down Keum Kang Steel Co., Ltd.'s (KOSDAQ:053260) P/E Is Difficult Right Now
Nov 13
Keum Kang Steel (KOSDAQ:053260) Is Doing The Right Things To Multiply Its Share Price
Aug 13Some Investors May Be Willing To Look Past Keum Kang Steel's (KOSDAQ:053260) Soft Earnings
Mar 27Some Investors May Be Worried About Keum Kang Steel's (KOSDAQ:053260) Returns On Capital
May 04Is Keum Kang Steel Co., Ltd. (KOSDAQ:053260) The Right Choice For A Smart Dividend Investor?
Mar 04Does Keum Kang Steel's (KOSDAQ:053260) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 06
Keum Kang Steel (KOSDAQ:053260) Share Prices Have Dropped 21% In The Last Five Years
Jan 10How Has Keum Kang Steel (KOSDAQ:053260) Allocated Its Capital?
Dec 20Investors Don't See Light At End Of Keum Kang Steel Co., Ltd.'s (KOSDAQ:053260) Tunnel
Nov 22Financial Position Analysis
Short Term Liabilities: A053260's short term assets (₩122.0B) exceed its short term liabilities (₩31.0B).
Long Term Liabilities: A053260's short term assets (₩122.0B) exceed its long term liabilities (₩1.3B).
Debt to Equity History and Analysis
Debt Level: A053260 has more cash than its total debt.
Reducing Debt: A053260's debt to equity ratio has increased from 1.3% to 6% over the past 5 years.
Debt Coverage: A053260's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A053260 earns more interest than it pays, so coverage of interest payments is not a concern.