Lake Materials Balance Sheet Health
Financial Health criteria checks 3/6
Lake Materials has a total shareholder equity of ₩110.7B and total debt of ₩171.6B, which brings its debt-to-equity ratio to 155%. Its total assets and total liabilities are ₩299.9B and ₩189.1B respectively. Lake Materials's EBIT is ₩29.5B making its interest coverage ratio 5.6. It has cash and short-term investments of ₩41.8B.
Key information
155.0%
Debt to equity ratio
₩171.62b
Debt
Interest coverage ratio | 5.6x |
Cash | ₩41.82b |
Equity | ₩110.73b |
Total liabilities | ₩189.13b |
Total assets | ₩299.87b |
Recent financial health updates
Recent updates
Lake Materials' (KOSDAQ:281740) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 27Is Lake Materials (KOSDAQ:281740) A Risky Investment?
Mar 12Market Participants Recognise Lake Materials Co., Ltd.'s (KOSDAQ:281740) Earnings Pushing Shares 41% Higher
Feb 26Is Now The Time To Put Lake Materials (KOSDAQ:281740) On Your Watchlist?
Apr 20Financial Position Analysis
Short Term Liabilities: A281740's short term assets (₩118.8B) exceed its short term liabilities (₩103.5B).
Long Term Liabilities: A281740's short term assets (₩118.8B) exceed its long term liabilities (₩85.7B).
Debt to Equity History and Analysis
Debt Level: A281740's net debt to equity ratio (117.2%) is considered high.
Reducing Debt: Insufficient data to determine if A281740's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A281740's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: A281740's interest payments on its debt are well covered by EBIT (5.6x coverage).