Choil Aluminum Balance Sheet Health
Financial Health criteria checks 2/6
Choil Aluminum has a total shareholder equity of ₩197.2B and total debt of ₩186.6B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are ₩428.1B and ₩230.9B respectively. Choil Aluminum's EBIT is ₩18.1B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩48.2B.
Key information
94.6%
Debt to equity ratio
₩186.60b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩48.22b |
| Equity | ₩197.15b |
| Total liabilities | ₩230.90b |
| Total assets | ₩428.05b |
Recent financial health updates
Does Choil Aluminum (KRX:018470) Have A Healthy Balance Sheet?
Nov 13
Is Choil Aluminum (KRX:018470) Using Too Much Debt?
Apr 15Health Check: How Prudently Does Choil Aluminum (KRX:018470) Use Debt?
Mar 16Is Choil Aluminum (KRX:018470) Using Debt In A Risky Way?
Dec 01
Recent updates
Does Choil Aluminum (KRX:018470) Have A Healthy Balance Sheet?
Nov 13We Think You Should Be Aware Of Some Concerning Factors In Choil Aluminum's (KRX:018470) Earnings
May 27Is Choil Aluminum (KRX:018470) Using Too Much Debt?
Apr 15Health Check: How Prudently Does Choil Aluminum (KRX:018470) Use Debt?
Mar 16Is Choil Aluminum (KRX:018470) Using Debt In A Risky Way?
Dec 01Financial Position Analysis
Short Term Liabilities: A018470's short term assets (₩275.2B) exceed its short term liabilities (₩216.3B).
Long Term Liabilities: A018470's short term assets (₩275.2B) exceed its long term liabilities (₩14.6B).
Debt to Equity History and Analysis
Debt Level: A018470's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: A018470's debt to equity ratio has increased from 83.6% to 94.6% over the past 5 years.
Debt Coverage: A018470's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A018470's interest payments on its debt are not well covered by EBIT (1.7x coverage).