Hanil Iron & Steel Balance Sheet Health
Financial Health criteria checks 2/6
Hanil Iron & Steel has a total shareholder equity of ₩169.5B and total debt of ₩108.0B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are ₩336.1B and ₩166.7B respectively. Hanil Iron & Steel's EBIT is ₩783.4M making its interest coverage ratio 0.1. It has cash and short-term investments of ₩25.4B.
Key information
63.7%
Debt to equity ratio
₩107.99b
Debt
| Interest coverage ratio | 0.1x |
| Cash | ₩25.38b |
| Equity | ₩169.45b |
| Total liabilities | ₩166.67b |
| Total assets | ₩336.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A002220's short term assets (₩99.9B) do not cover its short term liabilities (₩130.2B).
Long Term Liabilities: A002220's short term assets (₩99.9B) exceed its long term liabilities (₩36.4B).
Debt to Equity History and Analysis
Debt Level: A002220's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: A002220's debt to equity ratio has reduced from 74.7% to 63.7% over the past 5 years.
Debt Coverage: A002220's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: A002220's interest payments on its debt are not well covered by EBIT (0.1x coverage).