Shinsung E&GLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shinsung E&GLtd has a total shareholder equity of ₩235.7B and total debt of ₩228.7B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are ₩577.6B and ₩341.8B respectively. Shinsung E&GLtd's EBIT is ₩2.8B making its interest coverage ratio 0.3. It has cash and short-term investments of ₩34.4B.
Key information
97.0%
Debt to equity ratio
₩228.69b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₩34.43b |
| Equity | ₩235.73b |
| Total liabilities | ₩341.83b |
| Total assets | ₩577.57b |
Recent financial health updates
Recent updates
Improved Revenues Required Before Shinsung E&G Co.,Ltd. (KRX:011930) Shares Find Their Feet
Nov 11
Shaky Earnings May Not Tell The Whole Story For Shinsung E&GLtd (KRX:011930)
Mar 21Shinsung 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 (₩238.6B) exceed its short term liabilities (₩233.0B).
Long Term Liabilities: A011930's short term assets (₩238.6B) exceed its long term liabilities (₩108.9B).
Debt to Equity History and Analysis
Debt Level: A011930's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: A011930's debt to equity ratio has reduced from 151.9% to 97% over the past 5 years.
Debt Coverage: A011930's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A011930's interest payments on its debt are not well covered by EBIT (0.3x coverage).