American Airlines Group Balance Sheet Health
Financial Health criteria checks 0/6
American Airlines Group has a total shareholder equity of $-4.7B and total debt of $31.2B, which brings its debt-to-equity ratio to -657.2%. Its total assets and total liabilities are $64.1B and $68.9B respectively. American Airlines Group's EBIT is $2.9B making its interest coverage ratio 2. It has cash and short-term investments of $9.0B.
Key information
-657.2%
Debt to equity ratio
US$31.19b
Debt
| Interest coverage ratio | 2x |
| Cash | US$8.99b |
| Equity | -US$4.75b |
| Total liabilities | US$68.87b |
| Total assets | US$64.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AAL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AAL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AAL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AAL's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: AAL's interest payments on its debt are not well covered by EBIT (2x coverage).