Korea District Heating Balance Sheet Health
Financial Health criteria checks 2/6
Korea District Heating has a total shareholder equity of ₩2,196.9B and total debt of ₩4,013.2B, which brings its debt-to-equity ratio to 182.7%. Its total assets and total liabilities are ₩7,773.4B and ₩5,576.5B respectively. Korea District Heating's EBIT is ₩635.9B making its interest coverage ratio 7.4. It has cash and short-term investments of ₩48.8B.
Key information
182.7%
Debt to equity ratio
₩4.01t
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₩48.76b |
| Equity | ₩2.20t |
| Total liabilities | ₩5.58t |
| Total assets | ₩7.77t |
Recent financial health updates
Is Korea District Heating (KRX:071320) Using Too Much Debt?
May 05
Is Korea District Heating (KRX:071320) A Risky Investment?
Jan 18Recent updates
We Like These Underlying Return On Capital Trends At Korea District Heating (KRX:071320)
Aug 13Improved Revenues Required Before Korea District Heating Corp. (KRX:071320) Stock's 26% Jump Looks Justified
May 21Returns On Capital Are Showing Encouraging Signs At Korea District Heating (KRX:071320)
May 14Korea District Heating Corp.'s (KRX:071320) Shares Leap 39% Yet They're Still Not Telling The Full Story
Feb 27Is Korea District Heating (KRX:071320) Using Too Much Debt?
May 05Is Korea District Heating (KRX:071320) Using Capital Effectively?
Feb 14
Is Korea District Heating (KRX:071320) A Risky Investment?
Jan 18A Look At Korea District Heating's (KRX:071320) Share Price Returns
Dec 22Should You Use Korea District Heating's (KRX:071320) Statutory Earnings To Analyse It?
Nov 26Financial Position Analysis
Short Term Liabilities: A071320's short term assets (₩480.5B) do not cover its short term liabilities (₩1,477.7B).
Long Term Liabilities: A071320's short term assets (₩480.5B) do not cover its long term liabilities (₩4,098.8B).
Debt to Equity History and Analysis
Debt Level: A071320's net debt to equity ratio (180.5%) is considered high.
Reducing Debt: A071320's debt to equity ratio has reduced from 190.6% to 182.7% over the past 5 years.
Debt Coverage: A071320's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: A071320's interest payments on its debt are well covered by EBIT (7.4x coverage).