N.I Steel Balance Sheet Health
Financial Health criteria checks 5/6
N.I Steel has a total shareholder equity of ₩250.1B and total debt of ₩127.0B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are ₩436.6B and ₩186.5B respectively. N.I Steel's EBIT is ₩52.7B making its interest coverage ratio 10.3. It has cash and short-term investments of ₩32.4B.
Key information
50.8%
Debt to equity ratio
₩126.97b
Debt
| Interest coverage ratio | 10.3x |
| Cash | ₩32.42b |
| Equity | ₩250.10b |
| Total liabilities | ₩186.51b |
| Total assets | ₩436.61b |
Recent financial health updates
Recent updates
Returns At N.I SteelLtd (KRX:008260) Are On The Way Up
Apr 29
N.I SteelLtd (KRX:008260) Shareholders Have Enjoyed A 86% Share Price Gain
Mar 03Is N.I SteelLtd (KRX:008260) Using Too Much Debt?
Feb 05
Is N.I SteelLtd (KRX:008260) Likely To Turn Things Around?
Jan 07Investors Who Bought N.I SteelLtd (KRX:008260) Shares A Year Ago Are Now Up 21%
Dec 02Financial Position Analysis
Short Term Liabilities: A008260's short term assets (₩132.9B) do not cover its short term liabilities (₩165.8B).
Long Term Liabilities: A008260's short term assets (₩132.9B) exceed its long term liabilities (₩20.7B).
Debt to Equity History and Analysis
Debt Level: A008260's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: A008260's debt to equity ratio has reduced from 110% to 50.8% over the past 5 years.
Debt Coverage: A008260's debt is well covered by operating cash flow (71.8%).
Interest Coverage: A008260's interest payments on its debt are well covered by EBIT (10.3x coverage).