Jin Air Co (XKRX:272450) Debt-to-Asset : 0.34 (As of Mar. 2024)

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What is Jin Air Co Debt-to-Asset?

Jin Air Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩108,497 Mil. Jin Air Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩253,724 Mil. Jin Air Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₩1,061,760 Mil. Jin Air Co's debt to asset for the quarter that ended in Mar. 2024 was 0.34.

Jin Air Co Debt-to-Asset Historical Data

The historical data trend for Jin Air Co's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jin Air Co Debt-to-Asset Chart

Jin Air Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.42

0.67

0.57

0.52

0.35

Jin Air Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.46	0.41	0.35	0.35	0.34

Competitive Comparison of Jin Air Co's Debt-to-Asset

For the Airlines subindustry, Jin Air Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jin Air Co's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jin Air Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jin Air Co's Debt-to-Asset falls into.

Jin Air Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jin Air Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(101528.232	+	231670.165)	/	952331.548
	=	0.35

Jin Air Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(108497.485	+	253723.913)	/	1061759.559
	=	0.34

Jin Air Co (XKRX:272450) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Jin Air Co Debt-to-Asset Related Terms

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Jin Air Co (XKRX:272450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jin Air Co Ltd (XKRX:272450) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, 453 Gonghangdea-ro, Gangseogu, Seoul, KOR, 157-841

Website

http://www.jinair.com

Jin Air Co Ltd is a South Korea based company, engages in the provision of air transportation services. The company offers air transportation services through a fleet of aircraft also provides in-flight meals and commodities for third parties, as well as cargo transportation business. It provides domestic routes and international routes services.

Jin Air Co (XKRX:272450) Headlines

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