TaesungLtd Balance Sheet Health
Financial Health criteria checks 5/6
TaesungLtd has a total shareholder equity of ₩39.0B and total debt of ₩9.2B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are ₩60.6B and ₩21.6B respectively. TaesungLtd's EBIT is ₩3.7B making its interest coverage ratio 17.5. It has cash and short-term investments of ₩7.6B.
Key information
23.6%
Debt to equity ratio
₩9.20b
Debt
| Interest coverage ratio | 17.5x |
| Cash | ₩7.56b |
| Equity | ₩38.97b |
| Total liabilities | ₩21.65b |
| Total assets | ₩60.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A323280's short term assets (₩34.2B) exceed its short term liabilities (₩20.6B).
Long Term Liabilities: A323280's short term assets (₩34.2B) exceed its long term liabilities (₩1.0B).
Debt to Equity History and Analysis
Debt Level: A323280's net debt to equity ratio (4.2%) 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 (26.2%).
Interest Coverage: A323280's interest payments on its debt are well covered by EBIT (17.5x coverage).