Keum Kang Steel Balance Sheet Health
Financial Health criteria checks 6/6
Keum Kang Steel has a total shareholder equity of ₩125.4B and total debt of ₩1.2B, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₩154.9B and ₩29.5B respectively. Keum Kang Steel's EBIT is ₩4.0B making its interest coverage ratio -1.6. It has cash and short-term investments of ₩66.5B.
Key information
0.9%
Debt to equity ratio
₩1.18b
Debt
Interest coverage ratio | -1.6x |
Cash | ₩66.48b |
Equity | ₩125.35b |
Total liabilities | ₩29.52b |
Total assets | ₩154.87b |
Recent financial health updates
No updates
Recent updates
Some 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 06Keum 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 (₩119.5B) exceed its short term liabilities (₩28.5B).
Long Term Liabilities: A053260's short term assets (₩119.5B) exceed its long term liabilities (₩1.0B).
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 reduced from 1.3% to 0.9% over the past 5 years.
Debt Coverage: A053260's debt is well covered by operating cash flow (101%).
Interest Coverage: A053260 earns more interest than it pays, so coverage of interest payments is not a concern.