Chokwang Paint Balance Sheet Health
Financial Health criteria checks 2/6
Chokwang Paint has a total shareholder equity of ₩185.0B and total debt of ₩138.6B, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are ₩393.0B and ₩208.1B respectively. Chokwang Paint's EBIT is ₩6.0B making its interest coverage ratio 0.7. It has cash and short-term investments of ₩10.4B.
Key information
74.9%
Debt to equity ratio
₩138.57b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₩10.36b |
| Equity | ₩184.98b |
| Total liabilities | ₩208.05b |
| Total assets | ₩393.04b |
Recent financial health updates
These 4 Measures Indicate That Chokwang Paint (KRX:004910) Is Using Debt In A Risky Way
Jul 29
Health Check: How Prudently Does Chokwang Paint (KRX:004910) Use Debt?
Feb 14Recent updates
These 4 Measures Indicate That Chokwang Paint (KRX:004910) Is Using Debt In A Risky Way
Jul 29Chokwang Paint (KRX:004910) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 27Is Chokwang Paint Co., Ltd. (KRX:004910) A Smart Choice For Dividend Investors?
Apr 28Chokwang Paint (KRX:004910) Shareholders Booked A 95% Gain In The Last Year
Mar 21Health Check: How Prudently Does Chokwang Paint (KRX:004910) Use Debt?
Feb 14Could Chokwang Paint Co., Ltd. (KRX:004910) Have The Makings Of Another Dividend Aristocrat?
Jan 19
Should Income Investors Look At Chokwang Paint Co., Ltd. (KRX:004910) Before Its Ex-Dividend?
Dec 24Are Chokwang Paint's (KRX:004910) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 22Reflecting on Chokwang Paint's (KRX:004910) Share Price Returns Over The Last Five Years
Nov 26Financial Position Analysis
Short Term Liabilities: A004910's short term assets (₩112.6B) exceed its short term liabilities (₩110.3B).
Long Term Liabilities: A004910's short term assets (₩112.6B) exceed its long term liabilities (₩97.8B).
Debt to Equity History and Analysis
Debt Level: A004910's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: A004910's debt to equity ratio has increased from 53.3% to 74.9% over the past 5 years.
Debt Coverage: A004910's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: A004910's interest payments on its debt are not well covered by EBIT (0.7x coverage).