Kumkang Kind Balance Sheet Health
Financial Health criteria checks 2/6
Kumkang Kind has a total shareholder equity of ₩492.5B and total debt of ₩502.3B, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are ₩1,159.4B and ₩666.9B respectively. Kumkang Kind's EBIT is ₩53.8B making its interest coverage ratio 2.5. It has cash and short-term investments of ₩106.3B.
Key information
102.0%
Debt to equity ratio
₩502.30b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₩106.26b |
| Equity | ₩492.47b |
| Total liabilities | ₩666.93b |
| Total assets | ₩1.16t |
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 (₩469.5B) do not cover its short term liabilities (₩524.9B).
Long Term Liabilities: A014280's short term assets (₩469.5B) exceed its long term liabilities (₩142.0B).
Debt to Equity History and Analysis
Debt Level: A014280's net debt to equity ratio (80.4%) is considered high.
Reducing Debt: A014280's debt to equity ratio has reduced from 106.7% to 102% over the past 5 years.
Debt Coverage: A014280's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: A014280's interest payments on its debt are not well covered by EBIT (2.5x coverage).