Chokwang Paint Balance Sheet Health
Financial Health criteria checks 1/6
Chokwang Paint has a total shareholder equity of ₩179.9B and total debt of ₩137.8B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are ₩385.3B and ₩205.4B respectively. Chokwang Paint's EBIT is ₩4.0B making its interest coverage ratio 0.4. It has cash and short-term investments of ₩6.3B.
Key information
76.6%
Debt to equity ratio
₩137.76b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₩6.27b |
| Equity | ₩179.88b |
| Total liabilities | ₩205.42b |
| Total assets | ₩385.29b |
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 (₩108.0B) exceed its short term liabilities (₩96.1B).
Long Term Liabilities: A004910's short term assets (₩108.0B) do not cover its long term liabilities (₩109.4B).
Debt to Equity History and Analysis
Debt Level: A004910's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: A004910's debt to equity ratio has increased from 53.4% to 76.6% over the past 5 years.
Debt Coverage: A004910's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: A004910's interest payments on its debt are not well covered by EBIT (0.4x coverage).