Daesung Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Daesung Industrial has a total shareholder equity of ₩613.6B and total debt of ₩772.8B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are ₩1,733.3B and ₩1,119.8B respectively. Daesung Industrial's EBIT is ₩29.2B making its interest coverage ratio 0.9. It has cash and short-term investments of ₩141.7B.
Key information
125.9%
Debt to equity ratio
₩772.76b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₩141.74b |
| Equity | ₩613.55b |
| Total liabilities | ₩1.12t |
| Total assets | ₩1.73t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A128820's short term assets (₩357.5B) exceed its short term liabilities (₩297.7B).
Long Term Liabilities: A128820's short term assets (₩357.5B) do not cover its long term liabilities (₩822.1B).
Debt to Equity History and Analysis
Debt Level: A128820's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: A128820's debt to equity ratio has increased from 79.6% to 125.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable A128820 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A128820 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.6% per year.