Asiana Airlines Balance Sheet Health
Financial Health criteria checks 1/6
Asiana Airlines has a total shareholder equity of ₩810.3B and total debt of ₩1,808.0B, which brings its debt-to-equity ratio to 223.1%. Its total assets and total liabilities are ₩13,016.7B and ₩12,206.4B respectively. Asiana Airlines's EBIT is ₩620.2B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩1,279.0B.
Key information
223.1%
Debt to equity ratio
₩1.81t
Debt
Interest coverage ratio | 1.7x |
Cash | ₩1.28t |
Equity | ₩810.35b |
Total liabilities | ₩12.21t |
Total assets | ₩13.02t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A020560's short term assets (₩2,148.0B) do not cover its short term liabilities (₩5,435.5B).
Long Term Liabilities: A020560's short term assets (₩2,148.0B) do not cover its long term liabilities (₩6,770.9B).
Debt to Equity History and Analysis
Debt Level: A020560's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: A020560's debt to equity ratio has increased from 185.2% to 223.1% over the past 5 years.
Debt Coverage: A020560's debt is well covered by operating cash flow (85.2%).
Interest Coverage: A020560's interest payments on its debt are not well covered by EBIT (1.7x coverage).