TOP Engineering Balance Sheet Health
Financial Health criteria checks 4/6
TOP Engineering has a total shareholder equity of ₩323.9B and total debt of ₩76.2B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are ₩546.6B and ₩222.6B respectively. TOP Engineering's EBIT is ₩1.8B making its interest coverage ratio 0.7. It has cash and short-term investments of ₩65.2B.
Key information
23.5%
Debt to equity ratio
₩76.20b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₩65.22b |
| Equity | ₩323.92b |
| Total liabilities | ₩222.64b |
| Total assets | ₩546.57b |
Recent financial health updates
Does TOP Engineering (KOSDAQ:065130) Have A Healthy Balance Sheet?
Aug 06
TOP Engineering (KOSDAQ:065130) Is Making Moderate Use Of Debt
Feb 11Recent updates
Some Investors May Be Worried About TOP Engineering's (KOSDAQ:065130) Returns On Capital
Nov 07Does TOP Engineering (KOSDAQ:065130) Have A Healthy Balance Sheet?
Aug 06Impressive Earnings May Not Tell The Whole Story For TOP Engineering (KOSDAQ:065130)
Mar 20Something To Consider Before Buying TOP Engineering Co., Ltd (KOSDAQ:065130) For The 1.1% Dividend
Mar 18TOP Engineering (KOSDAQ:065130) Is Making Moderate Use Of Debt
Feb 11If You Had Bought TOP Engineering (KOSDAQ:065130) Stock Five Years Ago, You Could Pocket A 99% Gain Today
Jan 07
Know This Before Buying TOP Engineering Co., Ltd (KOSDAQ:065130) For Its Dividend
Dec 03Financial Position Analysis
Short Term Liabilities: A065130's short term assets (₩350.9B) exceed its short term liabilities (₩213.3B).
Long Term Liabilities: A065130's short term assets (₩350.9B) exceed its long term liabilities (₩9.4B).
Debt to Equity History and Analysis
Debt Level: A065130's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: A065130's debt to equity ratio has increased from 22.1% to 23.5% over the past 5 years.
Debt Coverage: A065130's debt is well covered by operating cash flow (62.8%).
Interest Coverage: A065130's interest payments on its debt are not well covered by EBIT (0.7x coverage).