Singapore Airlines Balance Sheet Health
Financial Health criteria checks 4/6
Singapore Airlines has a total shareholder equity of SGD16.1B and total debt of SGD9.5B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are SGD43.1B and SGD27.0B respectively. Singapore Airlines's EBIT is SGD1.7B making its interest coverage ratio -1.4. It has cash and short-term investments of SGD9.0B.
Key information
59.18%
Debt to equity ratio
S$9.51b
Debt
| Interest coverage ratio | -1.4x |
| Cash | S$9.05b |
| Equity | S$16.07b |
| Total liabilities | S$27.02b |
| Total assets | S$43.09b |
Recent financial health updates
Does Singapore Airlines (SGX:C6L) Have A Healthy Balance Sheet?
Nov 30
Here's Why Singapore Airlines (SGX:C6L) Can Manage Its Debt Responsibly
Jun 10Recent updates
Singapore Airlines Limited's (SGX:C6L) Popularity With Investors Is Under Threat From Overpricing
Apr 11The Return Trends At Singapore Airlines (SGX:C6L) Look Promising
Mar 06Should You Think About Buying Singapore Airlines Limited (SGX:C6L) Now?
Jan 09Does Singapore Airlines (SGX:C6L) Have A Healthy Balance Sheet?
Nov 30
Boeing 777 Delays And Rising Costs Threaten Revenue And Margins Amid Intensifying Competition
Nov 24 Boeing 777 delivery delays hinder capacity expansion, impacting growth plans and future revenue potential.Earnings Miss: Singapore Airlines Limited Missed EPS By 48% And Analysts Are Revising Their Forecasts
Nov 12Investors Aren't Buying Singapore Airlines Limited's (SGX:C6L) Earnings
Nov 06Here's Why Singapore Airlines (SGX:C6L) Has Caught The Eye Of Investors
Aug 23Singapore Airlines (SGX:C6L) Is Paying Out A Larger Dividend Than Last Year
Jul 22There's No Escaping Singapore Airlines Limited's (SGX:C6L) Muted Earnings
Jun 24Here's Why Singapore Airlines (SGX:C6L) Can Manage Its Debt Responsibly
Jun 10Financial Position Analysis
Short Term Liabilities: C6L's short term assets (SGD11.4B) do not cover its short term liabilities (SGD14.0B).
Long Term Liabilities: C6L's short term assets (SGD11.4B) do not cover its long term liabilities (SGD13.1B).
Debt to Equity History and Analysis
Debt Level: C6L's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: C6L's debt to equity ratio has reduced from 102.3% to 59.2% over the past 5 years.
Debt Coverage: C6L's debt is well covered by operating cash flow (49.5%).
Interest Coverage: C6L earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 18:21 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Singapore Airlines Limited is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null Research Department | AmInvestment Bank Berhad |
| Arnaud Bouchet | BNP Paribas Securities (Asia) |
| Nathan Gee | BofA Global Research |