Tongyang Balance Sheet Health
Financial Health criteria checks 4/6
Tongyang has a total shareholder equity of ₩787.5B and total debt of ₩239.9B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are ₩1,198.4B and ₩410.9B respectively. Tongyang's EBIT is ₩15.4B making its interest coverage ratio -4.2. It has cash and short-term investments of ₩97.1B.
Key information
30.5%
Debt to equity ratio
₩239.93b
Debt
| Interest coverage ratio | -4.2x |
| Cash | ₩97.14b |
| Equity | ₩787.55b |
| Total liabilities | ₩410.89b |
| Total assets | ₩1.20t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A001525's short term assets (₩416.5B) exceed its short term liabilities (₩344.1B).
Long Term Liabilities: A001525's short term assets (₩416.5B) exceed its long term liabilities (₩66.8B).
Debt to Equity History and Analysis
Debt Level: A001525's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: A001525's debt to equity ratio has increased from 0.8% to 30.5% over the past 5 years.
Debt Coverage: A001525's debt is not well covered by operating cash flow (11%).
Interest Coverage: A001525 earns more interest than it pays, so coverage of interest payments is not a concern.