Korean Air facing liquidity crunch
Korean Air is expected to grapple with a high debt-to-equity ratio in the near future, as a series of owner family-centric scandals would freeze investor sentiment of the company in the stock market. Sunday, stock market analysts say its debt-to-equity ratio may increase to 700% by this year from the 542% last year, because of its ways of attracting capital from the market. The one thing that makes the current situation even worse for the carrier is that its tarnished image is expected to lead to additional difficulties keeping its net cash flow stable. Over the past 3 years, Korean Air attracted US$928m through the increases of its capital stocks in 2015 and 2017, as well as obtaining an additional $600m through the issues of hybrid bonds in the same years. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-05-08/sky/korean-air-facing-liquidity-crunch
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Korean Air facing liquidity crunch
Korean Air is expected to grapple with a high debt-to-equity ratio in the near future, as a series of owner family-centric scandals would freeze investor sentiment of the company in the stock market. Sunday, stock market analysts say its debt-to-equity ratio may increase to 700% by this year from the 542% last year, because of its ways of attracting capital from the market. The one thing that makes the current situation even worse for the carrier is that its tarnished image is expected to lead to additional difficulties keeping its net cash flow stable. Over the past 3 years, Korean Air attracted US$928m through the increases of its capital stocks in 2015 and 2017, as well as obtaining an additional $600m through the issues of hybrid bonds in the same years. <br/>
