Korean AirlinesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Korean AirlinesLtd has a total shareholder equity of ₩9,967.8B and total debt of ₩6,892.0B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₩31,274.7B and ₩21,306.9B respectively. Korean AirlinesLtd's EBIT is ₩1,825.6B making its interest coverage ratio 8. It has cash and short-term investments of ₩6,487.3B.
Key information
69.1%
Debt to equity ratio
₩6.89t
Debt
Interest coverage ratio | 8x |
Cash | ₩6.49t |
Equity | ₩9.97t |
Total liabilities | ₩21.31t |
Total assets | ₩31.27t |
Recent financial health updates
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
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 04Korean 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 (₩9,103.1B) do not cover its short term liabilities (₩10,524.5B).
Long Term Liabilities: A003490's short term assets (₩9,103.1B) do not cover its long term liabilities (₩10,782.3B).
Debt to Equity History and Analysis
Debt Level: A003490's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: A003490's debt to equity ratio has reduced from 277.8% to 69.1% over the past 5 years.
Debt Coverage: A003490's debt is well covered by operating cash flow (56.9%).
Interest Coverage: A003490's interest payments on its debt are well covered by EBIT (8x coverage).