Sungshin Cement Balance Sheet Health
Financial Health criteria checks 4/6
Sungshin Cement has a total shareholder equity of ₩560.4B and total debt of ₩478.1B, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ₩1,373.9B and ₩813.5B respectively. Sungshin Cement's EBIT is ₩96.0B making its interest coverage ratio 5.9. It has cash and short-term investments of ₩63.0B.
Key information
85.3%
Debt to equity ratio
₩478.14b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₩63.00b |
| Equity | ₩560.36b |
| Total liabilities | ₩813.50b |
| Total assets | ₩1.37t |
Recent financial health updates
Is Sungshin Cement (KRX:004980) A Risky Investment?
Mar 21
Is Sungshin Cement (KRX:004980) A Risky Investment?
Dec 21
Recent updates
Sungshin Cement's (KRX:004980) Earnings Are Weaker Than They Seem
Mar 20Should Sungshin Cement Co., Ltd (KRX:004980) Be Part Of Your Dividend Portfolio?
May 06Sungshin Cement (KRX:004980) May Have Issues Allocating Its Capital
Apr 14Is Sungshin Cement (KRX:004980) A Risky Investment?
Mar 21The Sungshin Cement (KRX:004980) Share Price Is Up 42% And Shareholders Are Holding On
Feb 28Does It Make Sense To Buy Sungshin Cement Co., Ltd (KRX:004980) For Its Yield?
Feb 05Are Investors Concerned With What's Going On At Sungshin Cement (KRX:004980)?
Jan 14Dividend Investors: Don't Be Too Quick To Buy Sungshin Cement Co., Ltd (KRX:004980) For Its Upcoming Dividend
Dec 24Is Sungshin Cement (KRX:004980) A Risky Investment?
Dec 21If You Had Bought Sungshin Cement's (KRX:004980) Shares Five Years Ago You Would Be Down 27%
Nov 30Financial Position Analysis
Short Term Liabilities: A004980's short term assets (₩402.3B) do not cover its short term liabilities (₩543.0B).
Long Term Liabilities: A004980's short term assets (₩402.3B) exceed its long term liabilities (₩270.5B).
Debt to Equity History and Analysis
Debt Level: A004980's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: A004980's debt to equity ratio has reduced from 92.3% to 85.3% over the past 5 years.
Debt Coverage: A004980's debt is well covered by operating cash flow (23.5%).
Interest Coverage: A004980's interest payments on its debt are well covered by EBIT (5.9x coverage).