Kumkang Kind Balance Sheet Health
Financial Health criteria checks 2/6
Kumkang Kind has a total shareholder equity of ₩496.6B and total debt of ₩513.9B, which brings its debt-to-equity ratio to 103.5%. Its total assets and total liabilities are ₩1,167.0B and ₩670.5B respectively. Kumkang Kind's EBIT is ₩40.4B making its interest coverage ratio 1.9. It has cash and short-term investments of ₩113.3B.
Key information
103.5%
Debt to equity ratio
₩513.86b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₩113.34b |
| Equity | ₩496.55b |
| Total liabilities | ₩670.49b |
| Total assets | ₩1.17t |
Recent financial health updates
Is Kumkang Kind (KRX:014280) Weighed On By Its Debt Load?
Apr 30
Is Kumkang Kind (KRX:014280) Using Too Much Debt?
Jan 11Recent updates
Earnings Troubles May Signal Larger Issues for Kumkang Kind (KRX:014280) Shareholders
Aug 24Is Kumkang Kind (KRX:014280) Weighed On By Its Debt Load?
Apr 30Could The Kumkang Kind Co., Ltd. (KRX:014280) Ownership Structure Tell Us Something Useful?
Mar 04How Does Kumkang Kind Co., Ltd. (KRX:014280) Fare As A Dividend Stock?
Feb 06Is Kumkang Kind (KRX:014280) Using Too Much Debt?
Jan 11How Much Did Kumkang Kind's(KRX:014280) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 13
Financial Position Analysis
Short Term Liabilities: A014280's short term assets (₩461.8B) do not cover its short term liabilities (₩533.1B).
Long Term Liabilities: A014280's short term assets (₩461.8B) exceed its long term liabilities (₩137.4B).
Debt to Equity History and Analysis
Debt Level: A014280's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: A014280's debt to equity ratio has reduced from 103.9% to 103.5% over the past 5 years.
Debt Coverage: A014280's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: A014280's interest payments on its debt are not well covered by EBIT (1.9x coverage).