Asiana Airlines Balance Sheet Health
Financial Health criteria checks 1/6
Asiana Airlines has a total shareholder equity of ₩675.7B and total debt of ₩2,063.9B, which brings its debt-to-equity ratio to 305.4%. Its total assets and total liabilities are ₩13,155.4B and ₩12,479.6B respectively. Asiana Airlines's EBIT is ₩361.2B making its interest coverage ratio 1. It has cash and short-term investments of ₩1,462.0B.
Key information
305.4%
Debt to equity ratio
₩2.06t
Debt
| Interest coverage ratio | 1x |
| Cash | ₩1.46t |
| Equity | ₩675.72b |
| Total liabilities | ₩12.48t |
| Total assets | ₩13.16t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A020560's short term assets (₩2,283.0B) do not cover its short term liabilities (₩5,565.2B).
Long Term Liabilities: A020560's short term assets (₩2,283.0B) do not cover its long term liabilities (₩6,914.4B).
Debt to Equity History and Analysis
Debt Level: A020560's net debt to equity ratio (89.1%) is considered high.
Reducing Debt: A020560's debt to equity ratio has increased from 146.2% to 305.4% over the past 5 years.
Debt Coverage: A020560's debt is well covered by operating cash flow (59.8%).
Interest Coverage: A020560's interest payments on its debt are not well covered by EBIT (1x coverage).