TaesungLtd Balance Sheet Health
Financial Health criteria checks 5/6
TaesungLtd has a total shareholder equity of ₩37.3B and total debt of ₩7.2B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₩59.5B and ₩22.2B respectively. TaesungLtd's EBIT is ₩3.6B making its interest coverage ratio 19.9. It has cash and short-term investments of ₩8.5B.
Key information
19.3%
Debt to equity ratio
₩7.20b
Debt
| Interest coverage ratio | 19.9x |
| Cash | ₩8.48b |
| Equity | ₩37.31b |
| Total liabilities | ₩22.19b |
| Total assets | ₩59.50b |
Recent financial health updates
Recent updates
More Unpleasant Surprises Could Be In Store For Taesung Co.,Ltd.'s (KOSDAQ:323280) Shares After Tumbling 32%
Nov 15
Be Wary Of TaesungLtd (KOSDAQ:323280) And Its Returns On Capital
Sep 25TaesungLtd (KOSDAQ:323280) Seems To Use Debt Quite Sensibly
Jul 23TaesungLtd (KOSDAQ:323280) Might Be Having Difficulty Using Its Capital Effectively
May 30Estimating The Intrinsic Value Of Taesung Co.,Ltd. (KOSDAQ:323280)
Mar 26Financial Position Analysis
Short Term Liabilities: A323280's short term assets (₩29.9B) exceed its short term liabilities (₩21.2B).
Long Term Liabilities: A323280's short term assets (₩29.9B) exceed its long term liabilities (₩999.9M).
Debt to Equity History and Analysis
Debt Level: A323280 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A323280's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A323280's debt is well covered by operating cash flow (91.8%).
Interest Coverage: A323280's interest payments on its debt are well covered by EBIT (19.9x coverage).