Korea Steel Balance Sheet Health
Financial Health criteria checks 1/6
Korea Steel has a total shareholder equity of ₩225.5B and total debt of ₩249.6B, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are ₩586.2B and ₩360.7B respectively. Korea Steel's EBIT is ₩41.2B making its interest coverage ratio 2.7. It has cash and short-term investments of ₩45.1B.
Key information
110.7%
Debt to equity ratio
₩249.55b
Debt
Interest coverage ratio | 2.7x |
Cash | ₩45.13b |
Equity | ₩225.51b |
Total liabilities | ₩360.71b |
Total assets | ₩586.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A007280's short term assets (₩261.7B) do not cover its short term liabilities (₩284.7B).
Long Term Liabilities: A007280's short term assets (₩261.7B) exceed its long term liabilities (₩76.0B).
Debt to Equity History and Analysis
Debt Level: A007280's net debt to equity ratio (90.6%) is considered high.
Reducing Debt: A007280's debt to equity ratio has increased from 35.6% to 110.7% over the past 5 years.
Debt Coverage: A007280's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: A007280's interest payments on its debt are not well covered by EBIT (2.7x coverage).