Dong Yang Steel Pipe Balance Sheet Health
Financial Health criteria checks 4/6
Dong Yang Steel Pipe has a total shareholder equity of ₩97.3B and total debt of ₩63.1B, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are ₩198.5B and ₩101.2B respectively. Dong Yang Steel Pipe's EBIT is ₩6.9B making its interest coverage ratio 1.4. It has cash and short-term investments of ₩20.6B.
Key information
64.9%
Debt to equity ratio
₩63.15b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₩20.65b |
| Equity | ₩97.28b |
| Total liabilities | ₩101.20b |
| Total assets | ₩198.48b |
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 (₩124.4B) exceed its short term liabilities (₩93.9B).
Long Term Liabilities: A008970's short term assets (₩124.4B) exceed its long term liabilities (₩7.3B).
Debt to Equity History and Analysis
Debt Level: A008970's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: A008970's debt to equity ratio has increased from 45.7% to 64.9% 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, even with free cash flow being positive and shrinking by 1.3% per year.