Air China Balance Sheet Health
Financial Health criteria checks 1/6
Air China has a total shareholder equity of CN¥35.0B and total debt of CN¥157.5B, which brings its debt-to-equity ratio to 449.6%. Its total assets and total liabilities are CN¥341.3B and CN¥306.3B respectively. Air China's EBIT is CN¥2.1B making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥22.5B.
Key information
449.6%
Debt to equity ratio
CN¥157.54b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥22.47b |
| Equity | CN¥35.04b |
| Total liabilities | CN¥306.28b |
| Total assets | CN¥341.32b |
Recent financial health updates
Here's Why Air China (HKG:753) Has A Meaningful Debt Burden
May 25
Is Air China (HKG:753) Weighed On By Its Debt Load?
Oct 02Is Air China (HKG:753) Using Debt In A Risky Way?
Jul 04Does Air China (HKG:753) Have A Healthy Balance Sheet?
Jan 12Air China (HKG:753) Has Debt But No Earnings; Should You Worry?
Jun 13Is Air China (HKG:753) A Risky Investment?
Feb 15Recent updates
Here's Why Air China (HKG:753) Has A Meaningful Debt Burden
May 25Air China's (HKG:753) Promising Earnings May Rest On Soft Foundations
May 03Revenues Tell The Story For Air China Limited (HKG:753)
Apr 25Air China Limited (HKG:753) Might Not Be As Mispriced As It Looks
Dec 18Is Air China (HKG:753) Weighed On By Its Debt Load?
Oct 02Should You Investigate Air China Limited (HKG:753) At HK$5.81?
Sep 03An Intrinsic Calculation For Air China Limited (HKG:753) Suggests It's 32% Undervalued
Aug 11Is Air China (HKG:753) Using Debt In A Risky Way?
Jul 04Is It Too Late To Consider Buying Air China Limited (HKG:753)?
May 29An Intrinsic Calculation For Air China Limited (HKG:753) Suggests It's 25% Undervalued
May 08Does Air China (HKG:753) Have A Healthy Balance Sheet?
Jan 12Air China (HKG:753) Has Debt But No Earnings; Should You Worry?
Jun 13Bearish: Analysts Just Cut Their Air China Limited (HKG:753) Revenue and EPS estimates
May 08Is Air China (HKG:753) A Risky Investment?
Feb 15Is Air China (HKG:753) Using Debt Sensibly?
Nov 02Is Air China (HKG:753) Using Debt In A Risky Way?
Jul 21Does Air China (HKG:753) Have A Healthy Balance Sheet?
Apr 07What Type Of Returns Would Air China's(HKG:753) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 16What Is The Ownership Structure Like For Air China Limited (HKG:753)?
Jan 25Health Check: How Prudently Does Air China (HKG:753) Use Debt?
Jan 05What Type Of Returns Would Air China's(HKG:753) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 15Calculating The Intrinsic Value Of Air China Limited (HKG:753)
Nov 24Financial Position Analysis
Short Term Liabilities: 753's short term assets (CN¥40.6B) do not cover its short term liabilities (CN¥123.1B).
Long Term Liabilities: 753's short term assets (CN¥40.6B) do not cover its long term liabilities (CN¥183.2B).
Debt to Equity History and Analysis
Debt Level: 753's net debt to equity ratio (385.5%) is considered high.
Reducing Debt: 753's debt to equity ratio has increased from 55.9% to 449.6% over the past 5 years.
Debt Coverage: 753's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 753's interest payments on its debt are not well covered by EBIT (0.6x coverage).