Korea Information Engineering Services Balance Sheet Health
Financial Health criteria checks 3/6
Korea Information Engineering Services has a total shareholder equity of ₩47.0B and total debt of ₩17.0B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are ₩81.3B and ₩34.2B respectively. Korea Information Engineering Services's EBIT is ₩1.3B making its interest coverage ratio 1.6. It has cash and short-term investments of ₩8.9B.
Key information
36.0%
Debt to equity ratio
₩16.95b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₩8.88b |
| Equity | ₩47.03b |
| Total liabilities | ₩34.23b |
| Total assets | ₩81.27b |
Recent financial health updates
We Think Korea Information Engineering Services (KOSDAQ:039740) Has A Fair Chunk Of Debt
Mar 04
We Think Korea Information Engineering Services (KOSDAQ:039740) Has A Fair Chunk Of Debt
Nov 19Recent updates
Why Korea Information Engineering Services' (KOSDAQ:039740) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 22We Think Korea Information Engineering Services (KOSDAQ:039740) Has A Fair Chunk Of Debt
Mar 04We Think Korea Information Engineering Services (KOSDAQ:039740) Has A Fair Chunk Of Debt
Nov 19Financial Position Analysis
Short Term Liabilities: A039740's short term assets (₩43.3B) exceed its short term liabilities (₩28.2B).
Long Term Liabilities: A039740's short term assets (₩43.3B) exceed its long term liabilities (₩6.1B).
Debt to Equity History and Analysis
Debt Level: A039740's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: A039740's debt to equity ratio has increased from 22% to 36% over the past 5 years.
Debt Coverage: A039740's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: A039740's interest payments on its debt are not well covered by EBIT (1.6x coverage).