Daemyoung EnergyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Daemyoung EnergyLtd has a total shareholder equity of ₩124.2B and total debt of ₩174.2B, which brings its debt-to-equity ratio to 140.3%. Its total assets and total liabilities are ₩363.6B and ₩239.4B respectively. Daemyoung EnergyLtd's EBIT is ₩10.4B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩87.7B.
Key information
140.3%
Debt to equity ratio
₩174.21b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩87.67b |
| Equity | ₩124.20b |
| Total liabilities | ₩239.37b |
| Total assets | ₩363.57b |
Recent financial health updates
Recent updates
Does Daemyoung EnergyLtd (KOSDAQ:389260) Have A Healthy Balance Sheet?
Sep 04
Daemyoung Energy Co.,Ltd's (KOSDAQ:389260) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Jun 27Weak Statutory Earnings May Not Tell The Whole Story For Daemyoung EnergyLtd (KOSDAQ:389260)
May 27Be Wary Of Daemyoung EnergyLtd (KOSDAQ:389260) And Its Returns On Capital
May 23Daemyoung Energy Co.,Ltd's (KOSDAQ:389260) 38% Price Boost Is Out Of Tune With Revenues
Apr 09Financial Position Analysis
Short Term Liabilities: A389260's short term assets (₩142.2B) exceed its short term liabilities (₩89.2B).
Long Term Liabilities: A389260's short term assets (₩142.2B) do not cover its long term liabilities (₩150.1B).
Debt to Equity History and Analysis
Debt Level: A389260's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: A389260's debt to equity ratio has reduced from 2575.2% to 140.3% over the past 5 years.
Debt Coverage: A389260's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: A389260's interest payments on its debt are not well covered by EBIT (1.7x coverage).