SKMSK Telecom Co., Ltd.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -50% · now 26% 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 SKM take a bad year?
SK Telecom Co., Ltd. carries $212.8B of net debt at 0.04× EBITDA: a load its earnings can carry.
Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.04×
Net debt / EBITDA · −0.02× a year ago · the load is going up
- Interest cover
- 4.19×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 38%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2024
- $2.56T
- Cash and short-term investments
- $2.35T
- Net debt
- $212.8B
- EBITDA, trailing twelve months
- $5.25T
- Operating profit, trailing twelve months
- $1.69T
- Debt / equity
- 0.22×
- Total debt / EBITDA
- 0.49×
- Annualised volatilitytwo years of daily moves
- 38%
- Worst drawdown on file
- −50%
- Below its 52-week high
- 26%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.