Daejung Chemicals & Metals Balance Sheet Health
Financial Health criteria checks 5/6
Daejung Chemicals & Metals has a total shareholder equity of ₩171.8B and total debt of ₩8.9B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₩200.8B and ₩28.9B respectively. Daejung Chemicals & Metals's EBIT is ₩8.4B making its interest coverage ratio -4.3. It has cash and short-term investments of ₩58.7B.
Key information
5.2%
Debt to equity ratio
₩8.94b
Debt
| Interest coverage ratio | -4.3x |
| Cash | ₩58.66b |
| Equity | ₩171.82b |
| Total liabilities | ₩28.93b |
| Total assets | ₩200.76b |
Recent financial health updates
Recent updates
Daejung Chemicals & Metals' (KOSDAQ:120240) Anemic Earnings Might Be Worse Than You Think
Nov 21
Daejung Chemicals & Metals (KOSDAQ:120240) Might Be Having Difficulty Using Its Capital Effectively
Aug 13Did You Miss Daejung Chemicals & MetalsLtd's (KOSDAQ:120240) Impressive 101% Share Price Gain?
Mar 05Is Daejung Chemicals & MetalsLtd (KOSDAQ:120240) Using Too Much Debt?
Feb 15
Is Daejung Chemicals & MetalsLtd (KOSDAQ:120240) Likely To Turn Things Around?
Jan 31What Kind Of Investors Own Most Of Daejung Chemicals & Metals Co.,Ltd. (KOSDAQ:120240)?
Jan 15Daejung Chemicals & Metals Co.,Ltd.'s (KOSDAQ:120240) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 31Are Daejung Chemicals & MetalsLtd's (KOSDAQ:120240) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 16Shareholders Of Daejung Chemicals & MetalsLtd (KOSDAQ:120240) Must Be Happy With Their 261% Total Return
Dec 01Financial Position Analysis
Short Term Liabilities: A120240's short term assets (₩85.9B) exceed its short term liabilities (₩22.1B).
Long Term Liabilities: A120240's short term assets (₩85.9B) exceed its long term liabilities (₩6.8B).
Debt to Equity History and Analysis
Debt Level: A120240 has more cash than its total debt.
Reducing Debt: A120240's debt to equity ratio has increased from 5.2% to 5.2% over the past 5 years.
Debt Coverage: A120240's debt is well covered by operating cash flow (151.9%).
Interest Coverage: A120240 earns more interest than it pays, so coverage of interest payments is not a concern.