DaeChang Steel Balance Sheet Health
Financial Health criteria checks 5/6
DaeChang Steel has a total shareholder equity of ₩149.0B and total debt of ₩56.8B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are ₩252.1B and ₩103.0B respectively. DaeChang Steel's EBIT is ₩7.2M making its interest coverage ratio 0. It has cash and short-term investments of ₩10.7B.
Key information
38.1%
Debt to equity ratio
₩56.82b
Debt
| Interest coverage ratio | 0.003x |
| Cash | ₩10.65b |
| Equity | ₩149.05b |
| Total liabilities | ₩103.05b |
| Total assets | ₩252.09b |
Recent financial health updates
Recent updates
We Think You Can Look Beyond DaeChang Steel's (KOSDAQ:140520) Lackluster Earnings
Mar 28
Is DaeChang Steel (KOSDAQ:140520) Weighed On By Its Debt Load?
Feb 16It Might Not Be A Great Idea To Buy DaeChang Steel Co., Ltd. (KOSDAQ:140520) For Its Next Dividend
Dec 24Is DaeChang Steel Co., Ltd. (KOSDAQ:140520) A Risky Dividend Stock?
Dec 22Financial Position Analysis
Short Term Liabilities: A140520's short term assets (₩172.5B) exceed its short term liabilities (₩93.2B).
Long Term Liabilities: A140520's short term assets (₩172.5B) exceed its long term liabilities (₩9.9B).
Debt to Equity History and Analysis
Debt Level: A140520's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: A140520's debt to equity ratio has reduced from 116.3% to 38.1% over the past 5 years.
Debt Coverage: A140520's debt is well covered by operating cash flow (24.2%).
Interest Coverage: A140520's interest payments on its debt are not well covered by EBIT (0x coverage).