Heung-A ShippingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Heung-A ShippingLtd has a total shareholder equity of ₩181.4B and total debt of ₩12.1B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₩337.5B and ₩156.1B respectively. Heung-A ShippingLtd's EBIT is ₩18.1B making its interest coverage ratio -6.9. It has cash and short-term investments of ₩72.5B.
Key information
6.7%
Debt to equity ratio
₩12.12b
Debt
Interest coverage ratio | -6.9x |
Cash | ₩72.45b |
Equity | ₩181.36b |
Total liabilities | ₩156.10b |
Total assets | ₩337.46b |
Recent financial health updates
Recent updates
Heung-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 (₩106.5B) exceed its short term liabilities (₩57.6B).
Long Term Liabilities: A003280's short term assets (₩106.5B) exceed its long term liabilities (₩98.5B).
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 325.3% to 6.7% over the past 5 years.
Debt Coverage: A003280's debt is well covered by operating cash flow (196.8%).
Interest Coverage: A003280 earns more interest than it pays, so coverage of interest payments is not a concern.