Shinsung E&GLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shinsung E&GLtd has a total shareholder equity of ₩242.6B and total debt of ₩194.0B, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are ₩587.7B and ₩345.1B respectively. Shinsung E&GLtd's EBIT is ₩8.6B making its interest coverage ratio 0.9. It has cash and short-term investments of ₩42.8B.
Key information
80.0%
Debt to equity ratio
₩194.04b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₩42.84b |
| Equity | ₩242.60b |
| Total liabilities | ₩345.15b |
| Total assets | ₩587.75b |
Recent financial health updates
Recent updates
Shaky Earnings May Not Tell The Whole Story For Shinsung E&GLtd (KRX:011930)
Mar 21
Shinsung E&GLtd (KRX:011930) Might Have The Makings Of A Multi-Bagger
Mar 14Should You Be Adding Shinsung E&G (KRX:011930) To Your Watchlist Today?
Apr 03What Do The Returns At Shinsung E&G (KRX:011930) Mean Going Forward?
Mar 13Shareholders Are Thrilled That The Shinsung E&G (KRX:011930) Share Price Increased 216%
Feb 14Is Shinsung E&G (KRX:011930) Using Too Much Debt?
Jan 24Shinsung E&G Co., Ltd.'s (KRX:011930) Stock Is Going Strong: Have Financials A Role To Play?
Jan 03
We Wouldn't Rely On Shinsung E&G's (KRX:011930) Statutory Earnings As A Guide
Dec 13A Look At The Intrinsic Value Of Shinsung E&G Co., Ltd. (KRX:011930)
Nov 22Financial Position Analysis
Short Term Liabilities: A011930's short term assets (₩258.5B) exceed its short term liabilities (₩249.2B).
Long Term Liabilities: A011930's short term assets (₩258.5B) exceed its long term liabilities (₩96.0B).
Debt to Equity History and Analysis
Debt Level: A011930's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: A011930's debt to equity ratio has reduced from 155.2% to 80% over the past 5 years.
Debt Coverage: A011930's debt is well covered by operating cash flow (24.3%).
Interest Coverage: A011930's interest payments on its debt are not well covered by EBIT (0.9x coverage).