Sungmoon Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Sungmoon Electronics has a total shareholder equity of ₩38.9B and total debt of ₩20.3B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are ₩66.6B and ₩27.7B respectively. Sungmoon Electronics's EBIT is ₩1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of ₩2.8B.
Key information
52.3%
Debt to equity ratio
₩20.31b
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₩2.84b |
| Equity | ₩38.87b |
| Total liabilities | ₩27.72b |
| Total assets | ₩66.58b |
Recent financial health updates
Sungmoon Electronics (KRX:014910) Has A Somewhat Strained Balance Sheet
Aug 06
Sungmoon Electronics (KRX:014910) Seems To Be Using A Lot Of Debt
May 07Would Sungmoon Electronics (KRX:014910) Be Better Off With Less Debt?
Mar 29Sungmoon Electronics (KRX:014910) Is Making Moderate Use Of Debt
Dec 14Recent updates
Some Shareholders Feeling Restless Over Sungmoon Electronics Co., Ltd.'s (KRX:014910) P/S Ratio
Nov 15Sungmoon Electronics' (KRX:014910) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 26Sungmoon Electronics (KRX:014910) Has A Somewhat Strained Balance Sheet
Aug 06Sungmoon Electronics (KRX:014910) Seems To Be Using A Lot Of Debt
May 07Would Sungmoon Electronics (KRX:014910) Be Better Off With Less Debt?
Mar 29Sungmoon Electronics (KRX:014910) Is Making Moderate Use Of Debt
Dec 14Financial Position Analysis
Short Term Liabilities: A014910's short term assets (₩28.0B) exceed its short term liabilities (₩19.4B).
Long Term Liabilities: A014910's short term assets (₩28.0B) exceed its long term liabilities (₩8.3B).
Debt to Equity History and Analysis
Debt Level: A014910's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: A014910's debt to equity ratio has increased from 23% to 52.3% over the past 5 years.
Debt Coverage: A014910's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A014910's interest payments on its debt are not well covered by EBIT (2.1x coverage).