Sungmoon Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Sungmoon Electronics has a total shareholder equity of ₩39.5B and total debt of ₩21.3B, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are ₩67.2B and ₩27.8B respectively. Sungmoon Electronics's EBIT is ₩987.2M making its interest coverage ratio 2.3. It has cash and short-term investments of ₩3.5B.
Key information
54.0%
Debt to equity ratio
₩21.30b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₩3.51b |
| Equity | ₩39.46b |
| Total liabilities | ₩27.75b |
| Total assets | ₩67.21b |
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
Sungmoon 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 (₩28.2B) exceed its short term liabilities (₩19.6B).
Long Term Liabilities: A014910's short term assets (₩28.2B) exceed its long term liabilities (₩8.2B).
Debt to Equity History and Analysis
Debt Level: A014910's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: A014910's debt to equity ratio has increased from 22.4% to 54% over the past 5 years.
Debt Coverage: A014910's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: A014910's interest payments on its debt are not well covered by EBIT (2.3x coverage).