Lake Materials Balance Sheet Health
Financial Health criteria checks 3/6
Lake Materials has a total shareholder equity of ₩119.1B and total debt of ₩201.9B, which brings its debt-to-equity ratio to 169.5%. Its total assets and total liabilities are ₩342.7B and ₩223.6B respectively. Lake Materials's EBIT is ₩23.2B making its interest coverage ratio 3.6. It has cash and short-term investments of ₩57.3B.
Key information
169.5%
Debt to equity ratio
₩201.88b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₩57.32b |
| Equity | ₩119.13b |
| Total liabilities | ₩223.57b |
| Total assets | ₩342.70b |
Recent financial health updates
Does Lake Materials (KOSDAQ:281740) Have A Healthy Balance Sheet?
Jun 14
Is Lake Materials (KOSDAQ:281740) A Risky Investment?
Mar 12Recent updates
Should You Investigate Lake Materials Co., Ltd. (KOSDAQ:281740) At ₩17,250?
Aug 27Lake Materials Co., Ltd.'s (KOSDAQ:281740) Popularity With Investors Under Threat As Stock Sinks 27%
Aug 05Returns On Capital Are Showing Encouraging Signs At Lake Materials (KOSDAQ:281740)
Jul 05Does Lake Materials (KOSDAQ:281740) Have A Healthy Balance Sheet?
Jun 14Is Lake Materials Co., Ltd. (KOSDAQ:281740) Potentially Undervalued?
May 27Lake 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 (₩144.4B) exceed its short term liabilities (₩124.6B).
Long Term Liabilities: A281740's short term assets (₩144.4B) exceed its long term liabilities (₩98.9B).
Debt to Equity History and Analysis
Debt Level: A281740's net debt to equity ratio (121.3%) 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 (6.1%).
Interest Coverage: A281740's interest payments on its debt are well covered by EBIT (3.6x coverage).