DaeChang Steel Balance Sheet Health
Financial Health criteria checks 4/6
DaeChang Steel has a total shareholder equity of ₩149.6B and total debt of ₩65.4B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are ₩268.4B and ₩118.7B respectively. DaeChang Steel's EBIT is ₩3.9B making its interest coverage ratio 2.1. It has cash and short-term investments of ₩9.8B.
Key information
43.7%
Debt to equity ratio
₩65.36b
Debt
Interest coverage ratio | 2.1x |
Cash | ₩9.82b |
Equity | ₩149.65b |
Total liabilities | ₩118.71b |
Total assets | ₩268.36b |
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 (₩189.7B) exceed its short term liabilities (₩106.8B).
Long Term Liabilities: A140520's short term assets (₩189.7B) exceed its long term liabilities (₩11.9B).
Debt to Equity History and Analysis
Debt Level: A140520's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: A140520's debt to equity ratio has reduced from 160% to 43.7% 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 not well covered by EBIT (2.1x coverage).