Shin Hwa DynamicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shin Hwa DynamicsLtd has a total shareholder equity of ₩51.3B and total debt of ₩12.0B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ₩84.8B and ₩33.5B respectively. Shin Hwa DynamicsLtd's EBIT is ₩744.9M making its interest coverage ratio 1.8. It has cash and short-term investments of ₩3.2B.
Key information
23.4%
Debt to equity ratio
₩12.00b
Debt
Interest coverage ratio | 1.8x |
Cash | ₩3.23b |
Equity | ₩51.27b |
Total liabilities | ₩33.50b |
Total assets | ₩84.77b |
Financial Position Analysis
Short Term Liabilities: A001770's short term assets (₩59.3B) exceed its short term liabilities (₩33.1B).
Long Term Liabilities: A001770's short term assets (₩59.3B) exceed its long term liabilities (₩411.5M).
Debt to Equity History and Analysis
Debt Level: A001770's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: A001770's debt to equity ratio has reduced from 44.7% to 23.4% over the past 5 years.
Debt Coverage: A001770's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A001770's interest payments on its debt are not well covered by EBIT (1.8x coverage).