KTKT Corporation

$19.64

Is it safe?

Can KT take a bad year?

KT Corporation carries $5.46T of net debt at 1.21× EBITDA: a load its earnings can carry.

$5.46T

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
24%

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
24%
Worst drawdown on file
−64%
Below its 52-week high
−20%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.