Tongyang Balance Sheet Health
Financial Health criteria checks 5/6
Tongyang has a total shareholder equity of ₩788.2B and total debt of ₩103.8B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₩1,099.6B and ₩311.4B respectively. Tongyang's EBIT is ₩26.5B making its interest coverage ratio -2.2. It has cash and short-term investments of ₩118.6B.
Key information
13.2%
Debt to equity ratio
₩103.76b
Debt
| Interest coverage ratio | -2.2x |
| Cash | ₩118.63b |
| Equity | ₩788.24b |
| Total liabilities | ₩311.41b |
| Total assets | ₩1.10t |
Recent financial health updates
Is Tongyang (KRX:001520) Using Debt Sensibly?
Mar 02
Is Tongyang (KRX:001520) Using Debt In A Risky Way?
Nov 30
Recent updates
Shareholders Can Be Confident That Tongyang's (KRX:001520) Earnings Are High Quality
Mar 27Do Investors Have Good Reason To Be Wary Of Tongyang Inc.'s (KRX:001520) 2.7% Dividend Yield?
Apr 28Is Tongyang (KRX:001520) Using Debt Sensibly?
Mar 02Tongyang's (KRX:001520) Shareholders Are Down 59% On Their Shares
Feb 04We Wouldn't Rely On Tongyang's (KRX:001520) Statutory Earnings As A Guide
Jan 14Here's Why We're Wary Of Buying Tongyang's (KRX:001520) For Its Upcoming Dividend
Dec 24How Much Of Tongyang Inc. (KRX:001520) Do Institutions Own?
Dec 21Is Tongyang (KRX:001520) Using Debt In A Risky Way?
Nov 30Financial Position Analysis
Short Term Liabilities: A001520's short term assets (₩473.1B) exceed its short term liabilities (₩280.1B).
Long Term Liabilities: A001520's short term assets (₩473.1B) exceed its long term liabilities (₩31.3B).
Debt to Equity History and Analysis
Debt Level: A001520 has more cash than its total debt.
Reducing Debt: A001520's debt to equity ratio has increased from 0.3% to 13.2% over the past 5 years.
Debt Coverage: A001520's debt is well covered by operating cash flow (52.2%).
Interest Coverage: A001520 earns more interest than it pays, so coverage of interest payments is not a concern.