SeA Mechanics Balance Sheet Health
Financial Health criteria checks 4/6
SeA Mechanics has a total shareholder equity of ₩71.4B and total debt of ₩22.8B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ₩107.4B and ₩35.9B respectively. SeA Mechanics's EBIT is ₩2.3B making its interest coverage ratio -5.7. It has cash and short-term investments of ₩17.1B.
Key information
31.9%
Debt to equity ratio
₩22.82b
Debt
| Interest coverage ratio | -5.7x |
| Cash | ₩17.11b |
| Equity | ₩71.44b |
| Total liabilities | ₩35.92b |
| Total assets | ₩107.36b |
Recent financial health updates
Recent updates
What SeA Mechanics Co., Ltd's (KOSDAQ:396300) 29% Share Price Gain Is Not Telling You
Oct 08
Here's Why SeA Mechanics (KOSDAQ:396300) Can Manage Its Debt Responsibly
Jul 27SeA Mechanics' (KOSDAQ:396300) Earnings Aren't As Good As They Appear
May 21The Returns On Capital At SeA Mechanics (KOSDAQ:396300) Don't Inspire Confidence
Apr 09Financial Position Analysis
Short Term Liabilities: A396300's short term assets (₩40.6B) exceed its short term liabilities (₩35.2B).
Long Term Liabilities: A396300's short term assets (₩40.6B) exceed its long term liabilities (₩760.1M).
Debt to Equity History and Analysis
Debt Level: A396300's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: A396300's debt to equity ratio has increased from 25.4% to 31.9% over the past 5 years.
Debt Coverage: A396300's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: A396300 earns more interest than it pays, so coverage of interest payments is not a concern.