Development Advance SolutionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Development Advance SolutionLtd has a total shareholder equity of ₩150.1B and total debt of ₩92.5B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are ₩310.9B and ₩160.8B respectively. Development Advance SolutionLtd's EBIT is ₩7.3B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩54.2B.
Key information
61.6%
Debt to equity ratio
₩92.49b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩54.25b |
| Equity | ₩150.05b |
| Total liabilities | ₩160.83b |
| Total assets | ₩310.88b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Willing To Look Past Development Advance SolutionLtd's (KRX:058730) Soft Earnings
Aug 26
There's No Escaping Development Advance Solution Co.,Ltd.'s (KRX:058730) Muted Earnings Despite A 33% Share Price Rise
Jul 26Returns On Capital At Development Advance SolutionLtd (KRX:058730) Have Stalled
Jul 25Reflecting on Development Advance SolutionLtd's (KRX:058730) Share Price Returns Over The Last Three Years
Mar 18Development Advance Solution's (KRX:058730) Shareholders Are Down 21% On Their Shares
Dec 03Financial Position Analysis
Short Term Liabilities: A058730's short term assets (₩193.1B) exceed its short term liabilities (₩130.2B).
Long Term Liabilities: A058730's short term assets (₩193.1B) exceed its long term liabilities (₩30.6B).
Debt to Equity History and Analysis
Debt Level: A058730's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: A058730's debt to equity ratio has increased from 28.9% to 61.6% over the past 5 years.
Debt Coverage: A058730's debt is well covered by operating cash flow (31.6%).
Interest Coverage: A058730's interest payments on its debt are not well covered by EBIT (1.7x coverage).