Hanil Iron & Steel Balance Sheet Health
Financial Health criteria checks 3/6
Hanil Iron & Steel has a total shareholder equity of ₩173.6B and total debt of ₩99.5B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are ₩331.0B and ₩157.5B respectively. Hanil Iron & Steel's EBIT is ₩4.9B making its interest coverage ratio 0.9. It has cash and short-term investments of ₩30.4B.
Key information
57.3%
Debt to equity ratio
₩99.50b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₩30.43b |
| Equity | ₩173.57b |
| Total liabilities | ₩157.46b |
| Total assets | ₩331.03b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A002220's short term assets (₩96.6B) do not cover its short term liabilities (₩121.2B).
Long Term Liabilities: A002220's short term assets (₩96.6B) exceed its long term liabilities (₩36.3B).
Debt to Equity History and Analysis
Debt Level: A002220's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: A002220's debt to equity ratio has reduced from 59.2% to 57.3% over the past 5 years.
Debt Coverage: A002220's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: A002220's interest payments on its debt are not well covered by EBIT (0.9x coverage).