Shindaeyang Paper Balance Sheet Health
Financial Health criteria checks 6/6
Shindaeyang Paper has a total shareholder equity of ₩696.3B and total debt of ₩71.1B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₩888.5B and ₩192.2B respectively. Shindaeyang Paper's EBIT is ₩43.7B making its interest coverage ratio -10.4. It has cash and short-term investments of ₩169.9B.
Key information
10.2%
Debt to equity ratio
₩71.10b
Debt
| Interest coverage ratio | -10.4x |
| Cash | ₩169.93b |
| Equity | ₩696.34b |
| Total liabilities | ₩192.20b |
| Total assets | ₩888.53b |
Recent financial health updates
We Think Shindaeyang Paper (KRX:016590) Can Stay On Top Of Its Debt
Mar 06
Shindaeyang Paper (KRX:016590) Seems To Use Debt Quite Sensibly
Nov 22
Recent updates
Benign Growth For Shindaeyang Paper Co., Ltd. (KRX:016590) Underpins Its Share Price
Aug 13Shindaeyang Paper Co., Ltd.'s (KRX:016590) Prospects Need A Boost To Lift Shares
Apr 08Shindaeyang Paper Co., Ltd.'s (KRX:016590) 0.8% Dividend Yield Looks Pretty Interesting
Apr 30Shindaeyang Paper (KRX:016590) Is Looking To Continue Growing Its Returns On Capital
Mar 24We Think Shindaeyang Paper (KRX:016590) Can Stay On Top Of Its Debt
Mar 06If You Had Bought Shindaeyang Paper (KRX:016590) Shares Five Years Ago You'd Have Earned 233% Returns
Feb 16You Have To Love Shindaeyang Paper Co., Ltd.'s (KRX:016590) Dividend
Jan 29What Type Of Shareholders Make Up Shindaeyang Paper Co., Ltd.'s (KRX:016590) Share Registry?
Jan 11There's A Lot To Like About Shindaeyang Paper's (KRX:016590) Upcoming ₩625 Dividend
Dec 24What Do The Returns At Shindaeyang Paper (KRX:016590) Mean Going Forward?
Dec 10Shindaeyang Paper (KRX:016590) Seems To Use Debt Quite Sensibly
Nov 22Financial Position Analysis
Short Term Liabilities: A016590's short term assets (₩313.9B) exceed its short term liabilities (₩122.0B).
Long Term Liabilities: A016590's short term assets (₩313.9B) exceed its long term liabilities (₩70.2B).
Debt to Equity History and Analysis
Debt Level: A016590 has more cash than its total debt.
Reducing Debt: A016590's debt to equity ratio has reduced from 17.1% to 10.2% over the past 5 years.
Debt Coverage: A016590's debt is well covered by operating cash flow (133.7%).
Interest Coverage: A016590 earns more interest than it pays, so coverage of interest payments is not a concern.