N.I Steel Balance Sheet Health
Financial Health criteria checks 4/6
N.I Steel has a total shareholder equity of ₩234.2B and total debt of ₩147.5B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are ₩448.0B and ₩213.8B respectively. N.I Steel's EBIT is ₩70.7B making its interest coverage ratio 11.5. It has cash and short-term investments of ₩42.9B.
Key information
63.0%
Debt to equity ratio
₩147.54b
Debt
| Interest coverage ratio | 11.5x |
| Cash | ₩42.89b |
| Equity | ₩234.19b |
| Total liabilities | ₩213.80b |
| Total assets | ₩447.99b |
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 (₩153.1B) do not cover its short term liabilities (₩187.9B).
Long Term Liabilities: A008260's short term assets (₩153.1B) exceed its long term liabilities (₩25.9B).
Debt to Equity History and Analysis
Debt Level: A008260's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: A008260's debt to equity ratio has reduced from 104.9% to 63% over the past 5 years.
Debt Coverage: A008260's debt is well covered by operating cash flow (71.7%).
Interest Coverage: A008260's interest payments on its debt are well covered by EBIT (11.5x coverage).