Shinhwa Contech Balance Sheet Health
Financial Health criteria checks 6/6
Shinhwa Contech has a total shareholder equity of ₩60.8B and total debt of ₩23.3B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are ₩94.5B and ₩33.7B respectively. Shinhwa Contech's EBIT is ₩4.9B making its interest coverage ratio 13.1. It has cash and short-term investments of ₩30.2B.
Key information
38.4%
Debt to equity ratio
₩23.33b
Debt
| Interest coverage ratio | 13.1x |
| Cash | ₩30.22b |
| Equity | ₩60.82b |
| Total liabilities | ₩33.68b |
| Total assets | ₩94.49b |
Financial Position Analysis
Short Term Liabilities: A187270's short term assets (₩50.9B) exceed its short term liabilities (₩32.9B).
Long Term Liabilities: A187270's short term assets (₩50.9B) exceed its long term liabilities (₩807.0M).
Debt to Equity History and Analysis
Debt Level: A187270 has more cash than its total debt.
Reducing Debt: A187270's debt to equity ratio has reduced from 56.5% to 38.4% over the past 5 years.
Debt Coverage: A187270's debt is well covered by operating cash flow (53.7%).
Interest Coverage: A187270's interest payments on its debt are well covered by EBIT (13.1x coverage).