American Airlines Group Balance Sheet Health
Financial Health criteria checks 0/6
American Airlines Group has a total shareholder equity of $-5.5B and total debt of $31.8B, which brings its debt-to-equity ratio to -578.7%. Its total assets and total liabilities are $64.4B and $69.9B respectively. American Airlines Group's EBIT is $3.7B making its interest coverage ratio 2.4. It has cash and short-term investments of $9.1B.
Key information
-578.7%
Debt to equity ratio
US$31.83b
Debt
Interest coverage ratio | 2.4x |
Cash | US$9.10b |
Equity | -US$5.50b |
Total liabilities | US$69.88b |
Total assets | US$64.38b |
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 (8.3%).
Interest Coverage: AAL's interest payments on its debt are not well covered by EBIT (2.4x coverage).