Chokwang Paint Balance Sheet Health

Financial Health criteria checks 2/6

Chokwang Paint has a total shareholder equity of ₩188.6B and total debt of ₩130.1B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are ₩381.4B and ₩192.8B respectively. Chokwang Paint's EBIT is ₩4.4B making its interest coverage ratio 0.5. It has cash and short-term investments of ₩10.2B.

Key information

69.0%

Debt to equity ratio

₩130.08b

Debt

Interest coverage ratio0.5x
Cash₩10.23b
Equity₩188.63b
Total liabilities₩192.78b
Total assets₩381.41b

Recent financial health updates

Recent updates

Chokwang Paint (KRX:004910) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 23
Chokwang Paint (KRX:004910) Is Posting Promising Earnings But The Good News Doesn’t Stop There

There's Been No Shortage Of Growth Recently For Chokwang Paint's (KRX:004910) Returns On Capital

Nov 14
There's Been No Shortage Of Growth Recently For Chokwang Paint's (KRX:004910) Returns On Capital

These 4 Measures Indicate That Chokwang Paint (KRX:004910) Is Using Debt In A Risky Way

Jul 29
These 4 Measures Indicate That Chokwang Paint (KRX:004910) Is Using Debt In A Risky Way

Chokwang Paint (KRX:004910) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Mar 27
Chokwang Paint (KRX:004910) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Is Chokwang Paint Co., Ltd. (KRX:004910) A Smart Choice For Dividend Investors?

Apr 28
Is Chokwang Paint Co., Ltd. (KRX:004910) A Smart Choice For Dividend Investors?

Chokwang Paint (KRX:004910) Shareholders Booked A 95% Gain In The Last Year

Mar 21
Chokwang Paint (KRX:004910) Shareholders Booked A 95% Gain In The Last Year

Health Check: How Prudently Does Chokwang Paint (KRX:004910) Use Debt?

Feb 14
Health Check: How Prudently Does Chokwang Paint (KRX:004910) Use Debt?

Could Chokwang Paint Co., Ltd. (KRX:004910) Have The Makings Of Another Dividend Aristocrat?

Jan 19
Could Chokwang Paint Co., Ltd. (KRX:004910) Have The Makings Of Another Dividend Aristocrat?

Should Income Investors Look At Chokwang Paint Co., Ltd. (KRX:004910) Before Its Ex-Dividend?

Dec 24
Should Income Investors Look At Chokwang Paint Co., Ltd. (KRX:004910) Before Its Ex-Dividend?

Are Chokwang Paint's (KRX:004910) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 22
Are Chokwang Paint's (KRX:004910) Statutory Earnings A Good Guide To Its Underlying Profitability?

Reflecting on Chokwang Paint's (KRX:004910) Share Price Returns Over The Last Five Years

Nov 26
Reflecting on Chokwang Paint's (KRX:004910) Share Price Returns Over The Last Five Years

Financial Position Analysis

Short Term Liabilities: A004910's short term assets (₩102.4B) do not cover its short term liabilities (₩111.7B).

Long Term Liabilities: A004910's short term assets (₩102.4B) exceed its long term liabilities (₩81.1B).


Debt to Equity History and Analysis

Debt Level: A004910's net debt to equity ratio (63.5%) is considered high.

Reducing Debt: A004910's debt to equity ratio has increased from 54.4% to 69% over the past 5 years.

Debt Coverage: A004910's debt is well covered by operating cash flow (21.5%).

Interest Coverage: A004910's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 08:32
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Analyst Sources

Chokwang Paint Ltd. is covered by 2 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.

AnalystInstitution
Yun Ho ChoDB Financial Investment Co. Ltd.
Mingu JeongShinhan Investment Corp.