Shindaeyang Paper Balance Sheet Health
Financial Health criteria checks 6/6
Shindaeyang Paper has a total shareholder equity of ₩686.7B and total debt of ₩70.2B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₩880.7B and ₩194.0B respectively. Shindaeyang Paper's EBIT is ₩52.5B making its interest coverage ratio -14.6. It has cash and short-term investments of ₩172.1B.
Key information
10.2%
Debt to equity ratio
₩70.20b
Debt
Interest coverage ratio | -14.6x |
Cash | ₩172.07b |
Equity | ₩686.70b |
Total liabilities | ₩194.03b |
Total assets | ₩880.73b |
Recent financial health updates
We Think Shindaeyang Paper (KRX:016590) Can Stay On Top Of Its Debt
Mar 06Shindaeyang Paper (KRX:016590) Seems To Use Debt Quite Sensibly
Nov 22Recent updates
Shindaeyang 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 (₩333.0B) exceed its short term liabilities (₩123.5B).
Long Term Liabilities: A016590's short term assets (₩333.0B) exceed its long term liabilities (₩70.5B).
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 19.4% to 10.2% over the past 5 years.
Debt Coverage: A016590's debt is well covered by operating cash flow (140.5%).
Interest Coverage: A016590 earns more interest than it pays, so coverage of interest payments is not a concern.