Shinsung ST Balance Sheet Health
Financial Health criteria checks 6/6
Shinsung ST has a total shareholder equity of ₩101.9B and total debt of ₩17.2B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ₩143.4B and ₩41.4B respectively. Shinsung ST's EBIT is ₩7.0B making its interest coverage ratio 25.3. It has cash and short-term investments of ₩49.8B.
Key information
16.9%
Debt to equity ratio
₩17.21b
Debt
| Interest coverage ratio | 25.3x |
| Cash | ₩49.84b |
| Equity | ₩101.92b |
| Total liabilities | ₩41.44b |
| Total assets | ₩143.36b |
Financial Position Analysis
Short Term Liabilities: A416180's short term assets (₩97.4B) exceed its short term liabilities (₩38.2B).
Long Term Liabilities: A416180's short term assets (₩97.4B) exceed its long term liabilities (₩3.3B).
Debt to Equity History and Analysis
Debt Level: A416180 has more cash than its total debt.
Reducing Debt: A416180's debt to equity ratio has reduced from 131.7% to 16.9% over the past 5 years.
Debt Coverage: A416180's debt is well covered by operating cash flow (44.8%).
Interest Coverage: A416180's interest payments on its debt are well covered by EBIT (25.3x coverage).