Songwon Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Songwon Industrial has a total shareholder equity of ₩732.7B and total debt of ₩173.3B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ₩1,183.4B and ₩450.7B respectively. Songwon Industrial's EBIT is ₩54.3B making its interest coverage ratio 10.1. It has cash and short-term investments of ₩131.4B.
Key information
23.7%
Debt to equity ratio
₩173.29b
Debt
| Interest coverage ratio | 10.1x |
| Cash | ₩131.36b |
| Equity | ₩732.74b |
| Total liabilities | ₩450.70b |
| Total assets | ₩1.18t |
Recent financial health updates
Is Songwon Industrial (KRX:004430) Using Too Much Debt?
Nov 13
Here's Why Songwon Industrial (KRX:004430) Can Manage Its Debt Responsibly
Mar 26Is Songwon Industrial (KRX:004430) A Risky Investment?
Dec 03
Recent updates
Returns On Capital At Songwon Industrial (KRX:004430) Paint A Concerning Picture
Dec 16Is Songwon Industrial (KRX:004430) Using Too Much Debt?
Nov 13What Songwon Industrial Co., Ltd.'s (KRX:004430) 27% Share Price Gain Is Not Telling You
Oct 09Be Wary Of Songwon Industrial (KRX:004430) And Its Returns On Capital
Aug 07Here's Why Songwon Industrial (KRX:004430) Can Manage Its Debt Responsibly
Mar 26Songwon Industrial's (KRX:004430) Soft Earnings Don't Show The Whole Picture
Mar 11Can Songwon Industrial (KRX:004430) Continue To Grow Its Returns On Capital?
Feb 28Is Songwon Industrial Co., Ltd. (KRX:004430) The Right Choice For A Smart Dividend Investor?
Feb 15What Kind Of Investors Own Most Of Songwon Industrial Co., Ltd. (KRX:004430)?
Feb 02Songwon Industrial's (KRX:004430) Stock Price Has Reduced 31% In The Past Three Years
Jan 19Is It Too Late To Consider Buying Songwon Industrial Co., Ltd. (KRX:004430)?
Jan 06Four Days Left Until Songwon Industrial Co., Ltd. (KRX:004430) Trades Ex-Dividend
Dec 24Songwon Industrial Co., Ltd.'s (KRX:004430) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 16Is Songwon Industrial (KRX:004430) A Risky Investment?
Dec 03What Do The Returns At Songwon Industrial (KRX:004430) Mean Going Forward?
Nov 18Financial Position Analysis
Short Term Liabilities: A004430's short term assets (₩648.6B) exceed its short term liabilities (₩360.2B).
Long Term Liabilities: A004430's short term assets (₩648.6B) exceed its long term liabilities (₩90.5B).
Debt to Equity History and Analysis
Debt Level: A004430's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: A004430's debt to equity ratio has reduced from 59.6% to 23.7% over the past 5 years.
Debt Coverage: A004430's debt is well covered by operating cash flow (51.1%).
Interest Coverage: A004430's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:59 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Songwon Industrial Co., Ltd. is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sang-won Han | Daishin Securities Co. Ltd. |
| Hee Cheol Lee | DAOL Investment & Securities Co., Ltd. |
| null null | DBS Bank Ltd |