PKXPOSCO Holdings Inc.

$58.45

Is it safe?

Can PKX take a bad year?

POSCO Holdings Inc. carries $10.73T of net debt at 1.97× EBITDA: a load its earnings can carry.

$10.73T

Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.97×

Net debt / EBITDA · 1.20× a year ago · the load is going up

Cash runway
5+ years

Cash runway · burning $251.5B a quarter at the current rate

Annualised volatility
41%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2024
$26.00T
Cash and short-term investments
$15.27T
Net debt
$10.73T
EBITDA, trailing twelve months
$5.44T
Operating profit, trailing twelve months
$1.45T
Debt / equity
0.47×
Total debt / EBITDA
4.78×
Annualised volatilitytwo years of daily moves
41%
Worst drawdown on file
−71%
Below its 52-week high
−36%

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