Development Advance SolutionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Development Advance SolutionLtd has a total shareholder equity of ₩154.1B and total debt of ₩107.1B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are ₩320.0B and ₩165.9B respectively. Development Advance SolutionLtd's EBIT is ₩22.8B making its interest coverage ratio 4.7. It has cash and short-term investments of ₩55.6B.
Key information
69.5%
Debt to equity ratio
₩107.12b
Debt
Interest coverage ratio | 4.7x |
Cash | ₩55.55b |
Equity | ₩154.11b |
Total liabilities | ₩165.93b |
Total assets | ₩320.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A058730's short term assets (₩201.7B) exceed its short term liabilities (₩136.3B).
Long Term Liabilities: A058730's short term assets (₩201.7B) exceed its long term liabilities (₩29.7B).
Debt to Equity History and Analysis
Debt Level: A058730's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: A058730's debt to equity ratio has increased from 31.8% to 69.5% over the past 5 years.
Debt Coverage: A058730's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: A058730's interest payments on its debt are well covered by EBIT (4.7x coverage).