Korean AirlinesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Korean AirlinesLtd has a total shareholder equity of ₩10,610.9B and total debt of ₩6,660.5B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are ₩31,750.6B and ₩21,139.7B respectively. Korean AirlinesLtd's EBIT is ₩1,909.5B making its interest coverage ratio 8.2. It has cash and short-term investments of ₩5,655.6B.
Key information
62.8%
Debt to equity ratio
₩6.66t
Debt
| Interest coverage ratio | 8.2x |
| Cash | ₩5.66t |
| Equity | ₩10.61t |
| Total liabilities | ₩21.14t |
| Total assets | ₩31.75t |
Recent financial health updates
Here's Why Korean AirlinesLtd (KRX:003490) Has A Meaningful Debt Burden
Nov 09
Here's Why Korean AirlinesLtd (KRX:003490) Has A Meaningful Debt Burden
Jul 29Is Korean Air Lines (KRX:003490) A Risky Investment?
Apr 01Recent updates
Here's Why Korean AirlinesLtd (KRX:003490) Has A Meaningful Debt Burden
Nov 09What Is Korean Airlines Co.,Ltd.'s (KRX:003490) Share Price Doing?
Oct 04Little Excitement Around Korean Airlines Co.,Ltd.'s (KRX:003490) Earnings
Aug 20Here's Why Korean AirlinesLtd (KRX:003490) Has A Meaningful Debt Burden
Jul 29Is There Now An Opportunity In Korean Airlines Co.,Ltd. (KRX:003490)?
Jun 22Korean Airlines Co.,Ltd. (KRX:003490) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jun 04Investors Don't See Light At End Of Korean Airlines Co.,Ltd.'s (KRX:003490) Tunnel
May 14Is Korean Air Lines (KRX:003490) A Risky Investment?
Apr 01We Think You Can Look Beyond Korean Air Lines' (KRX:003490) Lackluster Earnings
Mar 12Financial Position Analysis
Short Term Liabilities: A003490's short term assets (₩8,229.9B) do not cover its short term liabilities (₩10,455.7B).
Long Term Liabilities: A003490's short term assets (₩8,229.9B) do not cover its long term liabilities (₩10,684.0B).
Debt to Equity History and Analysis
Debt Level: A003490's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: A003490's debt to equity ratio has reduced from 334% to 62.8% over the past 5 years.
Debt Coverage: A003490's debt is well covered by operating cash flow (57.2%).
Interest Coverage: A003490's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 21:12 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Korean Airlines Co.,Ltd. is covered by 41 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arnaud Bouchet | BNP Paribas Securities (Asia) |
| Paul Robert Dewberry | BofA Global Research |
| Min Seok Shin | Cape Investment & Securities Co., Ltd. |