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: A001527's short term assets (₩416.5B) exceed its short term liabilities (₩344.1B).

Long Term Liabilities: A001527's short term assets (₩416.5B) exceed its long term liabilities (₩66.8B).


Debt to Equity History and Analysis

Debt Level: A001527's net debt to equity ratio (18.1%) is considered satisfactory.

Reducing Debt: A001527's debt to equity ratio has increased from 0.8% to 30.5% over the past 5 years.

Debt Coverage: A001527's debt is not well covered by operating cash flow (11%).

Interest Coverage: A001527 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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