Korean AirlinesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Korean AirlinesLtd has a total shareholder equity of ₩10,341.4B and total debt of ₩6,911.2B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are ₩31,483.2B and ₩21,141.9B respectively. Korean AirlinesLtd's EBIT is ₩1,789.6B making its interest coverage ratio 7.7. It has cash and short-term investments of ₩6,164.9B.
Key information
66.8%
Debt to equity ratio
₩6.91t
Debt
| Interest coverage ratio | 7.7x |
| Cash | ₩6.16t |
| Equity | ₩10.34t |
| Total liabilities | ₩21.14t |
| Total assets | ₩31.48t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A003495's short term assets (₩9,457.5B) do not cover its short term liabilities (₩10,402.0B).
Long Term Liabilities: A003495's short term assets (₩9,457.5B) do not cover its long term liabilities (₩10,739.9B).
Debt to Equity History and Analysis
Debt Level: A003495's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: A003495's debt to equity ratio has reduced from 302.7% to 66.8% over the past 5 years.
Debt Coverage: A003495's debt is well covered by operating cash flow (57.3%).
Interest Coverage: A003495's interest payments on its debt are well covered by EBIT (7.7x coverage).