International Consolidated Airlines Group Balance Sheet Health
Financial Health criteria checks 3/6
International Consolidated Airlines Group has a total shareholder equity of €4.8B and total debt of €7.5B, which brings its debt-to-equity ratio to 157.8%. Its total assets and total liabilities are €42.5B and €37.7B respectively. International Consolidated Airlines Group's EBIT is €3.7B making its interest coverage ratio 6.2. It has cash and short-term investments of €9.7B.
Key information
157.8%
Debt to equity ratio
€7.53b
Debt
| Interest coverage ratio | 6.2x |
| Cash | €9.70b |
| Equity | €4.77b |
| Total liabilities | €37.69b |
| Total assets | €42.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAG's short term assets (€14.8B) do not cover its short term liabilities (€21.0B).
Long Term Liabilities: IAG's short term assets (€14.8B) do not cover its long term liabilities (€16.7B).
Debt to Equity History and Analysis
Debt Level: IAG has more cash than its total debt.
Reducing Debt: IAG's debt to equity ratio has increased from 23.8% to 157.8% over the past 5 years.
Debt Coverage: IAG's debt is well covered by operating cash flow (72.4%).
Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (6.2x coverage).