Pan Ocean Balance Sheet Health
Financial Health criteria checks 5/6
Pan Ocean has a total shareholder equity of ₩4,713.4B and total debt of ₩366.8B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ₩7,853.9B and ₩3,140.6B respectively. Pan Ocean's EBIT is ₩385.9B making its interest coverage ratio 4.5. It has cash and short-term investments of ₩1,035.4B.
Key information
7.8%
Debt to equity ratio
₩366.78b
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₩1.04t |
| Equity | ₩4.71t |
| Total liabilities | ₩3.14t |
| Total assets | ₩7.85t |
Recent financial health updates
Here's Why Pan Ocean (KRX:028670) Has A Meaningful Debt Burden
Mar 18
Is Pan Ocean (KRX:028670) Using Too Much Debt?
Mar 28We Think Pan Ocean (KRX:028670) Can Stay On Top Of Its Debt
Dec 24
Recent updates
Some Investors May Be Willing To Look Past Pan Ocean's (KRX:028670) Soft Earnings
Mar 20Here's Why Pan Ocean (KRX:028670) Has A Meaningful Debt Burden
Mar 18Calculating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)
May 01Is Pan Ocean (KRX:028670) Using Too Much Debt?
Mar 28Returns On Capital At Pan Ocean (KRX:028670) Paint An Interesting Picture
Mar 14What Makes Pan Ocean Co., Ltd. (KRX:028670) A Great Dividend Stock?
Mar 01Did You Miss Pan Ocean's (KRX:028670) 53% Share Price Gain?
Feb 14Should You Investigate Pan Ocean Co., Ltd. (KRX:028670) At ₩4,625?
Feb 01Do Institutions Own Pan Ocean Co., Ltd. (KRX:028670) Shares?
Jan 19Do Its Financials Have Any Role To Play In Driving Pan Ocean Co., Ltd.'s (KRX:028670) Stock Up Recently?
Jan 06We Think Pan Ocean (KRX:028670) Can Stay On Top Of Its Debt
Dec 24Should You Be Impressed By Pan Ocean's (KRX:028670) Returns on Capital?
Dec 09Estimating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)
Nov 24Financial Position Analysis
Short Term Liabilities: A028670's short term assets (₩1,729.0B) exceed its short term liabilities (₩1,294.0B).
Long Term Liabilities: A028670's short term assets (₩1,729.0B) do not cover its long term liabilities (₩1,846.6B).
Debt to Equity History and Analysis
Debt Level: A028670 has more cash than its total debt.
Reducing Debt: A028670's debt to equity ratio has reduced from 9.2% to 7.8% over the past 5 years.
Debt Coverage: A028670's debt is well covered by operating cash flow (204.7%).
Interest Coverage: A028670's interest payments on its debt are well covered by EBIT (4.5x coverage).