TOP Engineering Balance Sheet Health
Financial Health criteria checks 4/6
TOP Engineering has a total shareholder equity of ₩330.8B and total debt of ₩79.8B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ₩535.1B and ₩204.3B respectively. TOP Engineering's EBIT is ₩7.0B making its interest coverage ratio 2. It has cash and short-term investments of ₩63.1B.
Key information
24.1%
Debt to equity ratio
₩79.83b
Debt
Interest coverage ratio | 2x |
Cash | ₩63.14b |
Equity | ₩330.76b |
Total liabilities | ₩204.33b |
Total assets | ₩535.09b |
Recent financial health updates
Recent updates
Impressive 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 07Know This Before Buying TOP Engineering Co., Ltd (KOSDAQ:065130) For Its Dividend
Dec 03Financial Position Analysis
Short Term Liabilities: A065130's short term assets (₩324.8B) exceed its short term liabilities (₩194.5B).
Long Term Liabilities: A065130's short term assets (₩324.8B) exceed its long term liabilities (₩9.8B).
Debt to Equity History and Analysis
Debt Level: A065130's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: A065130's debt to equity ratio has increased from 21.6% to 24.1% over the past 5 years.
Debt Coverage: A065130's debt is well covered by operating cash flow (44.7%).
Interest Coverage: A065130's interest payments on its debt are not well covered by EBIT (2x coverage).