Korea Steel Balance Sheet Health
Financial Health criteria checks 3/6
Korea Steel has a total shareholder equity of ₩222.8B and total debt of ₩242.5B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are ₩559.7B and ₩336.9B respectively. Korea Steel's EBIT is ₩13.8B making its interest coverage ratio 0.9. It has cash and short-term investments of ₩53.7B.
Key information
108.8%
Debt to equity ratio
₩242.50b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₩53.66b |
| Equity | ₩222.82b |
| Total liabilities | ₩336.90b |
| Total assets | ₩559.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A007280's short term assets (₩239.8B) exceed its short term liabilities (₩220.4B).
Long Term Liabilities: A007280's short term assets (₩239.8B) exceed its long term liabilities (₩116.5B).
Debt to Equity History and Analysis
Debt Level: A007280's net debt to equity ratio (84.7%) is considered high.
Reducing Debt: A007280's debt to equity ratio has reduced from 146.9% to 108.8% over the past 5 years.
Debt Coverage: A007280's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: A007280's interest payments on its debt are not well covered by EBIT (0.9x coverage).