TCC Steel Balance Sheet Health
Financial Health criteria checks 2/6
TCC Steel has a total shareholder equity of ₩234.1B and total debt of ₩254.4B, which brings its debt-to-equity ratio to 108.7%. Its total assets and total liabilities are ₩541.1B and ₩306.9B respectively. TCC Steel's EBIT is ₩12.2B making its interest coverage ratio 2.8. It has cash and short-term investments of ₩25.1B.
Key information
108.7%
Debt to equity ratio
₩254.44b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₩25.09b |
| Equity | ₩234.12b |
| Total liabilities | ₩306.94b |
| Total assets | ₩541.06b |
Recent financial health updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In TCC Steel's (KRX:002710) Earnings
May 27
Returns On Capital At TCC Steel (KRX:002710) Paint A Concerning Picture
May 21TCC Steel Corp. (KRX:002710) Stocks Shoot Up 63% But Its P/S Still Looks Reasonable
Feb 27Consider This Before Buying TCC Steel Corp. (KRX:002710) For The 0.6% Dividend
Mar 28TCC Steel (KRX:002710) Use Of Debt Could Be Considered Risky
Feb 21How Much Of TCC Steel Corp. (KRX:002710) Do Insiders Own?
Jan 25
Is TCC Steel's (KRX:002710) Share Price Gain Of 196% Well Earned?
Dec 30Factors Income Investors Should Consider Before Adding TCC Steel Corp. (KRX:002710) To Their Portfolio
Dec 04Financial Position Analysis
Short Term Liabilities: A002710's short term assets (₩207.4B) do not cover its short term liabilities (₩208.3B).
Long Term Liabilities: A002710's short term assets (₩207.4B) exceed its long term liabilities (₩98.7B).
Debt to Equity History and Analysis
Debt Level: A002710's net debt to equity ratio (98%) is considered high.
Reducing Debt: A002710's debt to equity ratio has reduced from 115.8% to 108.7% over the past 5 years.
Debt Coverage: A002710's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: A002710's interest payments on its debt are not well covered by EBIT (2.8x coverage).