Dong Yang Steel Pipe Balance Sheet Health
Financial Health criteria checks 6/6
Dong Yang Steel Pipe has a total shareholder equity of ₩109.2B and total debt of ₩54.0B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are ₩191.9B and ₩82.8B respectively. Dong Yang Steel Pipe's EBIT is ₩7.2B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩31.8B.
Key information
49.5%
Debt to equity ratio
₩53.99b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩31.81b |
| Equity | ₩109.16b |
| Total liabilities | ₩82.76b |
| Total assets | ₩191.93b |
Recent financial health updates
We Think Dong Yang Steel Pipe (KRX:008970) Is Taking Some Risk With Its Debt
Oct 25
Does Dong Yang Steel Pipe (KRX:008970) Have A Healthy Balance Sheet?
Jul 02Is Dong Yang Steel Pipe (KRX:008970) Using Too Much Debt?
Mar 09Does Dong Yang Steel Pipe (KRX:008970) Have A Healthy Balance Sheet?
Nov 18
Recent updates
We Think Dong Yang Steel Pipe (KRX:008970) Is Taking Some Risk With Its Debt
Oct 25Returns On Capital Are Showing Encouraging Signs At Dong Yang Steel Pipe (KRX:008970)
Sep 09Does Dong Yang Steel Pipe (KRX:008970) Have A Healthy Balance Sheet?
Jul 02Dong Yang Steel Pipe Co., Ltd. (KRX:008970) Investors Are Less Pessimistic Than Expected
Mar 30Is Dong Yang Steel Pipe (KRX:008970) Using Too Much Debt?
Mar 09Is There More Growth In Store For Dong Yang Steel Pipe's (KRX:008970) Returns On Capital?
Feb 11The Dong Yang Steel Pipe (KRX:008970) Share Price Is Up 26% And Shareholders Are Holding On
Jan 20Is Dong Yang Steel Pipe Co., Ltd.'s (KRX:008970) Latest Stock Performance Being Led By Its Strong Fundamentals?
Dec 30Are Dong Yang Steel Pipe's (KRX:008970) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 09Does Dong Yang Steel Pipe (KRX:008970) Have A Healthy Balance Sheet?
Nov 18Financial Position Analysis
Short Term Liabilities: A008970's short term assets (₩114.2B) exceed its short term liabilities (₩70.2B).
Long Term Liabilities: A008970's short term assets (₩114.2B) exceed its long term liabilities (₩12.5B).
Debt to Equity History and Analysis
Debt Level: A008970's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: A008970's debt to equity ratio has reduced from 51.1% to 49.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable A008970 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A008970 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.3% per year.