DaeChang Steel Balance Sheet Health
Financial Health criteria checks 5/6
DaeChang Steel has a total shareholder equity of ₩151.8B and total debt of ₩60.0B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are ₩258.5B and ₩106.7B respectively. DaeChang Steel's EBIT is ₩6.4B making its interest coverage ratio 4.2. It has cash and short-term investments of ₩6.2B.
Key information
39.5%
Debt to equity ratio
₩59.97b
Debt
Interest coverage ratio | 4.2x |
Cash | ₩6.22b |
Equity | ₩151.79b |
Total liabilities | ₩106.68b |
Total assets | ₩258.46b |
Recent financial health updates
Recent updates
We Think You Can Look Beyond DaeChang Steel's (KOSDAQ:140520) Lackluster Earnings
Mar 28Is 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 (₩179.9B) exceed its short term liabilities (₩95.1B).
Long Term Liabilities: A140520's short term assets (₩179.9B) exceed its long term liabilities (₩11.6B).
Debt to Equity History and Analysis
Debt Level: A140520's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: A140520's debt to equity ratio has reduced from 122.9% to 39.5% over the past 5 years.
Debt Coverage: A140520's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A140520's interest payments on its debt are well covered by EBIT (4.2x coverage).