Asia CementLtd Balance Sheet Health
Financial Health criteria checks 4/6
Asia CementLtd has a total shareholder equity of ₩1,053.8B and total debt of ₩597.6B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are ₩2,104.6B and ₩1,050.8B respectively. Asia CementLtd's EBIT is ₩163.6B making its interest coverage ratio 6.7. It has cash and short-term investments of ₩128.5B.
Key information
56.7%
Debt to equity ratio
₩597.56b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₩128.46b |
| Equity | ₩1.05t |
| Total liabilities | ₩1.05t |
| Total assets | ₩2.10t |
Recent financial health updates
Recent updates
Here's How We Evaluate Asia Cement Co.,Ltd.'s (KRX:183190) Dividend
Mar 29
The Returns At Asia CementLtd (KRX:183190) Provide Us With Signs Of What's To Come
Mar 09Asia CementLtd (KRX:183190) Shareholders Have Enjoyed A 36% Share Price Gain
Feb 16At ₩91,500, Is It Time To Put Asia Cement Co.,Ltd. (KRX:183190) On Your Watch List?
Feb 02
Are Asia CementLtd's (KRX:183190) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 20Asia CementLtd (KRX:183190) Seems To Be Using A Lot Of Debt
Jan 07Should Income Investors Look At Asia Cement Co.,Ltd. (KRX:183190) Before Its Ex-Dividend?
Dec 25Do Insiders Own Lots Of Shares In Asia Cement Co.,Ltd. (KRX:183190)?
Dec 14Is Asia Cement Co.,Ltd. (KRX:183190) A Smart Pick For Income Investors?
Dec 01Has Asia CementLtd (KRX:183190) Got What It Takes To Become A Multi-Bagger?
Nov 17Financial Position Analysis
Short Term Liabilities: A183190's short term assets (₩430.9B) exceed its short term liabilities (₩402.1B).
Long Term Liabilities: A183190's short term assets (₩430.9B) do not cover its long term liabilities (₩648.7B).
Debt to Equity History and Analysis
Debt Level: A183190's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: A183190's debt to equity ratio has reduced from 91.5% to 56.7% over the past 5 years.
Debt Coverage: A183190's debt is well covered by operating cash flow (37%).
Interest Coverage: A183190's interest payments on its debt are well covered by EBIT (6.7x coverage).