KTKT Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -64% · now 25% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can KT take a bad year?
KT Corporation carries $5.46T of net debt at 1.21× EBITDA: a load its earnings can carry.
Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.21×
Net debt / EBITDA · 1.13× a year ago · the load is going up
- Interest cover
- 1.71×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 23%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2024
- $10.52T
- Cash and short-term investments
- $5.06T
- Net debt
- $5.46T
- EBITDA, trailing twelve months
- $4.52T
- Operating profit, trailing twelve months
- $640.1B
- Debt / equity
- 0.65×
- Total debt / EBITDA
- 2.33×
- Annualised volatilitytwo years of daily moves
- 23%
- Worst drawdown on file
- −64%
- Below its 52-week high
- 25%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.