Shinwha Intertek Balance Sheet Health
Financial Health criteria checks 1/6
Shinwha Intertek has a total shareholder equity of ₩91.4B and total debt of ₩76.2B, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are ₩199.0B and ₩107.7B respectively. Shinwha Intertek's EBIT is ₩1.5B making its interest coverage ratio 0.5. It has cash and short-term investments of ₩8.6B.
Key information
83.4%
Debt to equity ratio
₩76.20b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₩8.59b |
| Equity | ₩91.36b |
| Total liabilities | ₩107.67b |
| Total assets | ₩199.03b |
Recent financial health updates
Does Shinwha Intertek (KOSDAQ:056700) Have A Healthy Balance Sheet?
Mar 28
Shinwha Intertek (KOSDAQ:056700) Has A Somewhat Strained Balance Sheet
Dec 14
Recent updates
Some Confidence Is Lacking In Shinwha Intertek Corp.'s (KOSDAQ:056700) P/S
Feb 26Shinwha Intertek (KOSDAQ:056700) Shareholders Will Want The ROCE Trajectory To Continue
Apr 15Does Shinwha Intertek (KOSDAQ:056700) Have A Healthy Balance Sheet?
Mar 28Is Shinwha Intertek Corp. (KOSDAQ:056700) The Right Choice For A Smart Dividend Investor?
Mar 10Introducing Shinwha Intertek (KOSDAQ:056700), A Stock That Climbed 81% In The Last Five Years
Feb 17Shinwha Intertek Corp.'s (KOSDAQ:056700) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 30Will Shinwha Intertek's (KOSDAQ:056700) Growth In ROCE Persist?
Jan 12Don't Race Out To Buy Shinwha Intertek Corp. (KOSDAQ:056700) Just Because It's Going Ex-Dividend
Dec 24Shinwha Intertek (KOSDAQ:056700) Has A Somewhat Strained Balance Sheet
Dec 14Are Shinwha Intertek's (KOSDAQ:056700) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 23Financial Position Analysis
Short Term Liabilities: A056700's short term assets (₩92.1B) do not cover its short term liabilities (₩105.1B).
Long Term Liabilities: A056700's short term assets (₩92.1B) exceed its long term liabilities (₩2.6B).
Debt to Equity History and Analysis
Debt Level: A056700's net debt to equity ratio (74%) is considered high.
Reducing Debt: A056700's debt to equity ratio has increased from 51% to 83.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A056700 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: A056700 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.8% each year