Choil Aluminum Balance Sheet Health
Financial Health criteria checks 2/6
Choil Aluminum has a total shareholder equity of ₩194.0B and total debt of ₩173.0B, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are ₩413.7B and ₩219.7B respectively. Choil Aluminum's EBIT is ₩11.6B making its interest coverage ratio 1.2. It has cash and short-term investments of ₩48.3B.
Key information
89.2%
Debt to equity ratio
₩173.00b
Debt
Interest coverage ratio | 1.2x |
Cash | ₩48.32b |
Equity | ₩194.00b |
Total liabilities | ₩219.67b |
Total assets | ₩413.68b |
Financial Position Analysis
Short Term Liabilities: A018470's short term assets (₩261.4B) exceed its short term liabilities (₩179.1B).
Long Term Liabilities: A018470's short term assets (₩261.4B) exceed its long term liabilities (₩40.6B).
Debt to Equity History and Analysis
Debt Level: A018470's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: A018470's debt to equity ratio has increased from 77.2% to 89.2% 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 (1.2x coverage).