TOP Engineering Balance Sheet Health
Financial Health criteria checks 6/6
TOP Engineering has a total shareholder equity of ₩330.0B and total debt of ₩72.9B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are ₩562.1B and ₩232.0B respectively. TOP Engineering's EBIT is ₩22.6B making its interest coverage ratio 5.7. It has cash and short-term investments of ₩61.3B.
Key information
22.1%
Debt to equity ratio
₩72.85b
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₩61.27b |
| Equity | ₩330.00b |
| Total liabilities | ₩232.05b |
| Total assets | ₩562.05b |
Recent financial health updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For TOP Engineering (KOSDAQ:065130)
Mar 20
Something 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 (₩351.6B) exceed its short term liabilities (₩223.6B).
Long Term Liabilities: A065130's short term assets (₩351.6B) exceed its long term liabilities (₩8.4B).
Debt to Equity History and Analysis
Debt Level: A065130's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: A065130's debt to equity ratio has reduced from 28.5% to 22.1% over the past 5 years.
Debt Coverage: A065130's debt is well covered by operating cash flow (49.3%).
Interest Coverage: A065130's interest payments on its debt are well covered by EBIT (5.7x coverage).