Sungshin Cement Balance Sheet Health
Financial Health criteria checks 3/6
Sungshin Cement has a total shareholder equity of ₩538.0B and total debt of ₩456.4B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are ₩1,310.2B and ₩772.2B respectively. Sungshin Cement's EBIT is ₩73.3B making its interest coverage ratio 4.2. It has cash and short-term investments of ₩31.5B.
Key information
84.8%
Debt to equity ratio
₩456.40b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₩31.45b |
| Equity | ₩538.02b |
| Total liabilities | ₩772.18b |
| Total assets | ₩1.31t |
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 (₩346.6B) do not cover its short term liabilities (₩515.0B).
Long Term Liabilities: A004980's short term assets (₩346.6B) exceed its long term liabilities (₩257.2B).
Debt to Equity History and Analysis
Debt Level: A004980's net debt to equity ratio (79%) is considered high.
Reducing Debt: A004980's debt to equity ratio has reduced from 92.3% to 84.8% over the past 5 years.
Debt Coverage: A004980's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: A004980's interest payments on its debt are well covered by EBIT (4.2x coverage).