TaesungLtd Balance Sheet Health
Financial Health criteria checks 5/6
TaesungLtd has a total shareholder equity of ₩33.7B and total debt of ₩9.2B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ₩58.8B and ₩25.1B respectively. TaesungLtd's EBIT is ₩1.2B making its interest coverage ratio 4.3. It has cash and short-term investments of ₩7.1B.
Key information
27.3%
Debt to equity ratio
₩9.20b
Debt
Interest coverage ratio | 4.3x |
Cash | ₩7.09b |
Equity | ₩33.73b |
Total liabilities | ₩25.11b |
Total assets | ₩58.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A323280's short term assets (₩32.7B) exceed its short term liabilities (₩23.9B).
Long Term Liabilities: A323280's short term assets (₩32.7B) exceed its long term liabilities (₩1.2B).
Debt to Equity History and Analysis
Debt Level: A323280's net debt to equity ratio (6.3%) is considered satisfactory.
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 (66.4%).
Interest Coverage: A323280's interest payments on its debt are well covered by EBIT (4.3x coverage).