Hankook Steel Balance Sheet Health
Financial Health criteria checks 6/6
Hankook Steel has a total shareholder equity of ₩33.2B and total debt of ₩6.4B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₩43.8B and ₩10.6B respectively. Hankook Steel's EBIT is ₩2.2B making its interest coverage ratio 5.8. It has cash and short-term investments of ₩2.1B.
Key information
19.3%
Debt to equity ratio
₩6.40b
Debt
Interest coverage ratio | 5.8x |
Cash | ₩2.13b |
Equity | ₩33.16b |
Total liabilities | ₩10.59b |
Total assets | ₩43.75b |
Financial Position Analysis
Short Term Liabilities: A025890's short term assets (₩15.0B) exceed its short term liabilities (₩9.9B).
Long Term Liabilities: A025890's short term assets (₩15.0B) exceed its long term liabilities (₩734.4M).
Debt to Equity History and Analysis
Debt Level: A025890's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: A025890's debt to equity ratio has reduced from 25.4% to 19.3% over the past 5 years.
Debt Coverage: A025890's debt is well covered by operating cash flow (89.5%).
Interest Coverage: A025890's interest payments on its debt are well covered by EBIT (5.8x coverage).