Asia CementLtd Balance Sheet Health
Financial Health criteria checks 4/6
Asia CementLtd has a total shareholder equity of ₩1,089.6B and total debt of ₩626.7B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are ₩2,165.0B and ₩1,075.3B respectively. Asia CementLtd's EBIT is ₩173.5B making its interest coverage ratio 7.3. It has cash and short-term investments of ₩147.3B.
Key information
57.5%
Debt to equity ratio
₩626.67b
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₩147.29b |
| Equity | ₩1.09t |
| Total liabilities | ₩1.08t |
| Total assets | ₩2.16t |
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 (₩479.2B) do not cover its short term liabilities (₩786.5B).
Long Term Liabilities: A183190's short term assets (₩479.2B) exceed its long term liabilities (₩288.8B).
Debt to Equity History and Analysis
Debt Level: A183190's net debt to equity ratio (44%) is considered high.
Reducing Debt: A183190's debt to equity ratio has reduced from 84.1% to 57.5% over the past 5 years.
Debt Coverage: A183190's debt is well covered by operating cash flow (31.7%).
Interest Coverage: A183190's interest payments on its debt are well covered by EBIT (7.3x coverage).