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 01Korean Air Lines (KRX:003490) Use Of Debt Could Be Considered Risky
Jan 14Recent 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 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 (₩8,229.9B) 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).