Korean AirlinesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Korean AirlinesLtd has a total shareholder equity of ₩9,815.2B and total debt of ₩6,512.4B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are ₩30,391.8B and ₩20,576.6B respectively. Korean AirlinesLtd's EBIT is ₩1,789.1B making its interest coverage ratio 8. It has cash and short-term investments of ₩6,177.4B.
Key information
66.4%
Debt to equity ratio
₩6.51t
Debt
| Interest coverage ratio | 8x |
| Cash | ₩6.18t |
| Equity | ₩9.82t |
| Total liabilities | ₩20.58t |
| Total assets | ₩30.39t |
Recent financial health updates
Is Korean Air Lines (KRX:003490) A Risky Investment?
Apr 01
Korean Air Lines (KRX:003490) Use Of Debt Could Be Considered Risky
Jan 14Recent updates
Is Korean Air Lines (KRX:003490) A Risky Investment?
Apr 01We Think You Can Look Beyond Korean Air Lines' (KRX:003490) Lackluster Earnings
Mar 12Is Korean Air Lines Co., Ltd. (KRX:003490) At Risk Of Cutting Its Dividend?
Apr 28Korean Air Lines Co., Ltd.'s (KRX:003490) Shift From Loss To Profit
Apr 08When Should You Buy Korean Air Lines Co., Ltd. (KRX:003490)?
Mar 18Shareholders Of Korean Air Lines (KRX:003490) Must Be Happy With Their 84% Return
Feb 25Calculating The Fair Value Of Korean Air Lines Co., Ltd. (KRX:003490)
Feb 04
Korean Air Lines (KRX:003490) Use Of Debt Could Be Considered Risky
Jan 14What Is The Ownership Structure Like For Korean Air Lines Co., Ltd. (KRX:003490)?
Dec 24At ₩26,050, Is It Time To Put Korean Air Lines Co., Ltd. (KRX:003490) On Your Watch List?
Dec 03Financial Position Analysis
Short Term Liabilities: A003490's short term assets (₩8,594.7B) do not cover its short term liabilities (₩9,409.9B).
Long Term Liabilities: A003490's short term assets (₩8,594.7B) do not cover its long term liabilities (₩11,166.7B).
Debt to Equity History and Analysis
Debt Level: A003490's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: A003490's debt to equity ratio has reduced from 260.9% to 66.4% over the past 5 years.
Debt Coverage: A003490's debt is well covered by operating cash flow (62.8%).
Interest Coverage: A003490's interest payments on its debt are well covered by EBIT (8x coverage).