Korea Gas Balance Sheet Health
Financial Health criteria checks 0/6
Korea Gas has a total shareholder equity of ₩9,826.0B and total debt of ₩38,856.7B, which brings its debt-to-equity ratio to 395.4%. Its total assets and total liabilities are ₩57,254.7B and ₩47,428.6B respectively. Korea Gas's EBIT is ₩1,558.3B making its interest coverage ratio 1. It has cash and short-term investments of ₩823.5B.
Key information
395.4%
Debt to equity ratio
₩38.86t
Debt
| Interest coverage ratio | 1x |
| Cash | ₩823.46b |
| Equity | ₩9.83t |
| Total liabilities | ₩47.43t |
| Total assets | ₩57.25t |
Recent financial health updates
Is Korea Gas (KRX:036460) A Risky Investment?
Apr 14
Here's Why Korea Gas (KRX:036460) Is Weighed Down By Its Debt Load
May 09Is Korea Gas (KRX:036460) Using Too Much Debt?
Dec 21
Recent updates
Is Korea Gas (KRX:036460) A Risky Investment?
Apr 14Korea Gas Corporation's (KRX:036460) Low P/E No Reason For Excitement
Mar 19Here's Why Korea Gas (KRX:036460) Is Weighed Down By Its Debt Load
May 09Is Korea Gas Corporation's (KRX:036460) 1.2% Dividend Sustainable?
Mar 18Can Korea Gas (KRX:036460) Continue To Grow Its Returns On Capital?
Feb 25Are Institutions Heavily Invested In Korea Gas Corporation's (KRX:036460) Shares?
Feb 04Is Korea Gas Corporation (KRX:036460) Trading At A 49% Discount?
Jan 14Do These 3 Checks Before Buying Korea Gas Corporation (KRX:036460) For Its Upcoming Dividend
Dec 24Is Korea Gas (KRX:036460) Using Too Much Debt?
Dec 21Are Dividend Investors Making A Mistake With Korea Gas Corporation (KRX:036460)?
Nov 30Financial Position Analysis
Short Term Liabilities: A036460's short term assets (₩17,430.3B) do not cover its short term liabilities (₩22,566.4B).
Long Term Liabilities: A036460's short term assets (₩17,430.3B) do not cover its long term liabilities (₩24,862.3B).
Debt to Equity History and Analysis
Debt Level: A036460's net debt to equity ratio (387.1%) is considered high.
Reducing Debt: A036460's debt to equity ratio has increased from 280.6% to 395.4% over the past 5 years.
Debt Coverage: A036460's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: A036460's interest payments on its debt are not well covered by EBIT (1x coverage).