Sangshin Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Sangshin Electronics has a total shareholder equity of ₩44.5B and total debt of ₩20.9B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are ₩79.2B and ₩34.7B respectively. Sangshin Electronics's EBIT is ₩1.4B making its interest coverage ratio 1.5. It has cash and short-term investments of ₩7.4B.
Key information
47.0%
Debt to equity ratio
₩20.91b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₩7.35b |
| Equity | ₩44.54b |
| Total liabilities | ₩34.68b |
| Total assets | ₩79.22b |
Recent financial health updates
We Think Sangshin Electronics (KOSDAQ:263810) Is Taking Some Risk With Its Debt
Mar 03
Is Sangshin Electronics (KOSDAQ:263810) Using Too Much Debt?
Dec 02Recent updates
Why Sangshin Electronics' (KOSDAQ:263810) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 20Earnings Not Telling The Story For Sangshin Electronics Co., Ltd. (KOSDAQ:263810)
Aug 07Sangshin Electronics (KOSDAQ:263810) Strong Profits May Be Masking Some Underlying Issues
Mar 19Sangshin Electronics (KOSDAQ:263810) May Have Issues Allocating Its Capital
Mar 24We Think Sangshin Electronics (KOSDAQ:263810) Is Taking Some Risk With Its Debt
Mar 03The Sangshin Electronics (KOSDAQ:263810) Share Price Is Up 37% And Shareholders Are Holding On
Feb 10Sangshin Electronics Co., Ltd.'s (KOSDAQ:263810) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 15
We're Watching These Trends At Sangshin Electronics (KOSDAQ:263810)
Dec 24Is Sangshin Electronics (KOSDAQ:263810) Using Too Much Debt?
Dec 02Financial Position Analysis
Short Term Liabilities: A263810's short term assets (₩58.1B) exceed its short term liabilities (₩34.2B).
Long Term Liabilities: A263810's short term assets (₩58.1B) exceed its long term liabilities (₩456.5M).
Debt to Equity History and Analysis
Debt Level: A263810's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: A263810's debt to equity ratio has increased from 21% to 47% over the past 5 years.
Debt Coverage: A263810's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A263810's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:25 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sangshin Electronics Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jongsun Park | Eugene Investment & Securities Co Ltd. |