Air France-KLM Balance Sheet Health
Financial Health criteria checks 2/6
Air France-KLM has a total shareholder equity of €894.0M and total debt of €4.6B, which brings its debt-to-equity ratio to 509.3%. Its total assets and total liabilities are €34.9B and €34.0B respectively. Air France-KLM's EBIT is €1.1B making its interest coverage ratio 1.9. It has cash and short-term investments of €4.6B.
Key information
509.3%
Debt to equity ratio
€4.55b
Debt
| Interest coverage ratio | 1.9x |
| Cash | €4.55b |
| Equity | €894.00m |
| Total liabilities | €34.00b |
| Total assets | €34.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFK's short term assets (€10.3B) do not cover its short term liabilities (€16.1B).
Long Term Liabilities: AFK's short term assets (€10.3B) do not cover its long term liabilities (€17.9B).
Debt to Equity History and Analysis
Debt Level: AFK's net debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: AFK's debt to equity ratio has increased from 397.6% to 509.3% over the past 5 years.
Debt Coverage: AFK's debt is well covered by operating cash flow (40.1%).
Interest Coverage: AFK's interest payments on its debt are not well covered by EBIT (1.9x coverage).