Tailim Packaging Balance Sheet Health
Financial Health criteria checks 3/6
Tailim Packaging has a total shareholder equity of ₩365.8B and total debt of ₩211.0B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are ₩716.0B and ₩350.1B respectively. Tailim Packaging's EBIT is ₩22.2B making its interest coverage ratio 3.6. It has cash and short-term investments of ₩43.0B.
Key information
57.7%
Debt to equity ratio
₩211.04b
Debt
Interest coverage ratio | 3.6x |
Cash | ₩42.99b |
Equity | ₩365.84b |
Total liabilities | ₩350.12b |
Total assets | ₩715.96b |
Financial Position Analysis
Short Term Liabilities: A011280's short term assets (₩178.8B) do not cover its short term liabilities (₩240.1B).
Long Term Liabilities: A011280's short term assets (₩178.8B) exceed its long term liabilities (₩110.1B).
Debt to Equity History and Analysis
Debt Level: A011280's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: A011280's debt to equity ratio has increased from 55.9% to 57.7% over the past 5 years.
Debt Coverage: A011280's debt is well covered by operating cash flow (34.4%).
Interest Coverage: A011280's interest payments on its debt are well covered by EBIT (3.6x coverage).