Air China Balance Sheet Health
Financial Health criteria checks 2/6
Air China has a total shareholder equity of CN¥33.8B and total debt of CN¥158.3B, which brings its debt-to-equity ratio to 467.7%. Its total assets and total liabilities are CN¥345.4B and CN¥311.6B respectively.
Key information
467.7%
Debt to equity ratio
CN¥158.31b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥19.97b |
| Equity | CN¥33.85b |
| Total liabilities | CN¥311.55b |
| Total assets | CN¥345.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AD2's short term assets (CN¥42.9B) do not cover its short term liabilities (CN¥141.3B).
Long Term Liabilities: AD2's short term assets (CN¥42.9B) do not cover its long term liabilities (CN¥170.2B).
Debt to Equity History and Analysis
Debt Level: AD2's net debt to equity ratio (408.7%) is considered high.
Reducing Debt: AD2's debt to equity ratio has increased from 42% to 467.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AD2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AD2 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.5% per year.