Solum Balance Sheet Health
Financial Health criteria checks 6/6
Solum has a total shareholder equity of ₩423.2B and total debt of ₩315.1B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are ₩979.4B and ₩556.3B respectively. Solum's EBIT is ₩124.6B making its interest coverage ratio 9.3. It has cash and short-term investments of ₩200.9B.
Key information
74.5%
Debt to equity ratio
₩315.08b
Debt
Interest coverage ratio | 9.3x |
Cash | ₩200.94b |
Equity | ₩423.16b |
Total liabilities | ₩556.28b |
Total assets | ₩979.44b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A248070's short term assets (₩674.6B) exceed its short term liabilities (₩525.8B).
Long Term Liabilities: A248070's short term assets (₩674.6B) exceed its long term liabilities (₩30.5B).
Debt to Equity History and Analysis
Debt Level: A248070's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: A248070's debt to equity ratio has reduced from 430.6% to 74.5% over the past 5 years.
Debt Coverage: A248070's debt is well covered by operating cash flow (106.1%).
Interest Coverage: A248070's interest payments on its debt are well covered by EBIT (9.3x coverage).