Heung-A ShippingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Heung-A ShippingLtd has a total shareholder equity of ₩195.3B and total debt of ₩10.6B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₩367.8B and ₩172.5B respectively. Heung-A ShippingLtd's EBIT is ₩23.6B making its interest coverage ratio -9. It has cash and short-term investments of ₩74.6B.
Key information
5.4%
Debt to equity ratio
₩10.56b
Debt
| Interest coverage ratio | -9x |
| Cash | ₩74.57b |
| Equity | ₩195.29b |
| Total liabilities | ₩172.52b |
| Total assets | ₩367.81b |
Recent financial health updates
Recent updates
Heung-A ShippingLtd (KRX:003280) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 23
There's Been No Shortage Of Growth Recently For Heung-A ShippingLtd's (KRX:003280) Returns On Capital
Sep 23Heung-A Shipping Co.,Ltd.'s (KRX:003280) Popularity With Investors Is Under Threat From Overpricing
Jul 31Here's Why Heung-A ShippingLtd (KRX:003280) Can Manage Its Debt Responsibly
Jun 25Heung-A Shipping Co.,Ltd.'s (KRX:003280) Shares Climb 27% But Its Business Is Yet to Catch Up
Apr 03Heung-A ShippingLtd (KRX:003280) Strong Profits May Be Masking Some Underlying Issues
Mar 27Heung-A ShippingLtd (KRX:003280) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27Financial Position Analysis
Short Term Liabilities: A003280's short term assets (₩108.6B) exceed its short term liabilities (₩60.9B).
Long Term Liabilities: A003280's short term assets (₩108.6B) do not cover its long term liabilities (₩111.6B).
Debt to Equity History and Analysis
Debt Level: A003280 has more cash than its total debt.
Reducing Debt: A003280's debt to equity ratio has reduced from 935.2% to 5.4% over the past 5 years.
Debt Coverage: A003280's debt is well covered by operating cash flow (342.7%).
Interest Coverage: A003280 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:56 |
| End of Day Share Price | 2024/12/20 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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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
Heung-A Shipping Co.,Ltd. is covered by 3 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 |
|---|---|
| Yoo Seok Chung | Kyobo Securities Co., Ltd |
| Ji-Hoon Lee | SK Securities Co., Ltd. |
| Juho Yoon | Yuanta Securities Korea Co., Ltd. |