Korea Information Engineering Services Balance Sheet Health
Financial Health criteria checks 4/6
Korea Information Engineering Services has a total shareholder equity of ₩47.1B and total debt of ₩14.0B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are ₩78.0B and ₩30.9B respectively. Korea Information Engineering Services's EBIT is ₩755.8M making its interest coverage ratio 1. It has cash and short-term investments of ₩8.1B.
Key information
29.6%
Debt to equity ratio
₩13.95b
Debt
Interest coverage ratio | 1x |
Cash | ₩8.11b |
Equity | ₩47.08b |
Total liabilities | ₩30.88b |
Total assets | ₩77.96b |
Recent financial health updates
We 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 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 (₩39.7B) exceed its short term liabilities (₩24.7B).
Long Term Liabilities: A039740's short term assets (₩39.7B) exceed its long term liabilities (₩6.1B).
Debt to Equity History and Analysis
Debt Level: A039740's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: A039740's debt to equity ratio has increased from 21.5% to 29.6% over the past 5 years.
Debt Coverage: A039740's debt is well covered by operating cash flow (27.7%).
Interest Coverage: A039740's interest payments on its debt are not well covered by EBIT (1x coverage).