SK Rent A Car Balance Sheet Health
Financial Health criteria checks 1/6
SK Rent A Car has a total shareholder equity of ₩535.3B and total debt of ₩1,942.3B, which brings its debt-to-equity ratio to 362.8%. Its total assets and total liabilities are ₩3,522.3B and ₩2,986.9B respectively. SK Rent A Car's EBIT is ₩108.1B making its interest coverage ratio 2. It has cash and short-term investments of ₩69.1B.
Key information
362.8%
Debt to equity ratio
₩1.94t
Debt
| Interest coverage ratio | 2x |
| Cash | ₩69.05b |
| Equity | ₩535.34b |
| Total liabilities | ₩2.99t |
| Total assets | ₩3.52t |
Recent financial health updates
Recent updates
Is SK Rent A Car Co., Ltd (KRX:068400) Potentially Undervalued?
Apr 09
SK Rent A Car (KRX:068400) Strong Profits May Be Masking Some Underlying Issues
Mar 19SK Rent A Car (KRX:068400) Takes On Some Risk With Its Use Of Debt
Mar 03Is SK Rent A Car Co., Ltd's (KRX:068400) ROE Of 4.7% Concerning?
Feb 10
SK Rent A Car Co., Ltd's (KRX:068400) Low P/E No Reason For Excitement
Jan 20SK Rent A Car's (KRX:068400) Shareholders Are Down 22% On Their Shares
Jan 02Financial Position Analysis
Short Term Liabilities: A068400's short term assets (₩280.8B) do not cover its short term liabilities (₩1,265.5B).
Long Term Liabilities: A068400's short term assets (₩280.8B) do not cover its long term liabilities (₩1,721.4B).
Debt to Equity History and Analysis
Debt Level: A068400's net debt to equity ratio (349.9%) is considered high.
Reducing Debt: A068400's debt to equity ratio has reduced from 376.3% to 362.8% over the past 5 years.
Debt Coverage: A068400's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A068400's interest payments on its debt are not well covered by EBIT (2x coverage).