Shinpoong Paper Mfg Balance Sheet Health
Financial Health criteria checks 4/6
Shinpoong Paper Mfg has a total shareholder equity of ₩73.7B and total debt of ₩498.6M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₩77.6B and ₩3.9B respectively.
Key information
0.7%
Debt to equity ratio
₩498.61m
Debt
| Interest coverage ratio | n/a |
| Cash | ₩39.31b |
| Equity | ₩73.75b |
| Total liabilities | ₩3.87b |
| Total assets | ₩77.62b |
Recent financial health updates
No updates
Recent updates
Shinpoong Paper Mfg. Co., Ltd's (KRX:002870) Shares Climb 29% But Its Business Is Yet to Catch Up
Nov 26
Shinpoong Paper Mfg. Co., Ltd's (KRX:002870) Shares Climb 35% But Its Business Is Yet to Catch Up
Aug 23We Think Shinpoong Paper Mfg's (KRX:002870) Healthy Earnings Might Be Conservative
May 26Is Now The Time To Put Shinpoong Paper Mfg (KRX:002870) On Your Watchlist?
Apr 03Shinpoong Paper Mfg. Co., Ltd (KRX:002870) Is Yielding 2.1% - But Is It A Buy?
Mar 08Shareholders of Shinpoong Paper Mfg (KRX:002870) Must Be Delighted With Their 356% Total Return
Feb 01
We're Not Counting On Shinpoong Paper Mfg (KRX:002870) To Sustain Its Statutory Profitability
Jan 06Could The Shinpoong Paper Mfg. Co., Ltd (KRX:002870) Ownership Structure Tell Us Something Useful?
Dec 07Financial Position Analysis
Short Term Liabilities: A002870's short term assets (₩53.4B) exceed its short term liabilities (₩3.2B).
Long Term Liabilities: A002870's short term assets (₩53.4B) exceed its long term liabilities (₩639.3M).
Debt to Equity History and Analysis
Debt Level: A002870 has more cash than its total debt.
Reducing Debt: A002870's debt to equity ratio has reduced from 9.3% to 0.7% over the past 5 years.
Debt Coverage: A002870's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A002870's interest payments on its debt are well covered by EBIT.