Qantas Airways Balance Sheet Health
Financial Health criteria checks 2/6
Qantas Airways has a total shareholder equity of A$117.0M and total debt of A$4.9B, which brings its debt-to-equity ratio to 4189.7%. Its total assets and total liabilities are A$19.3B and A$19.2B respectively. Qantas Airways's EBIT is A$2.5B making its interest coverage ratio 17. It has cash and short-term investments of A$1.5B.
Key information
4,189.7%
Debt to equity ratio
AU$4.90b
Debt
| Interest coverage ratio | 17x |
| Cash | AU$1.55b |
| Equity | AU$117.00m |
| Total liabilities | AU$19.16b |
| Total assets | AU$19.28b |
Recent financial health updates
Is Qantas Airways (ASX:QAN) Using Too Much Debt?
Apr 09
These 4 Measures Indicate That Qantas Airways (ASX:QAN) Is Using Debt Extensively
Oct 08We Think Qantas Airways (ASX:QAN) Is Taking Some Risk With Its Debt
Jun 28Does Qantas Airways (ASX:QAN) Have A Healthy Balance Sheet?
Mar 23Qantas Airways (ASX:QAN) Has Debt But No Earnings; Should You Worry?
Mar 21Is Qantas Airways (ASX:QAN) A Risky Investment?
Nov 04Recent updates
Here's Why We Think Qantas Airways (ASX:QAN) Is Well Worth Watching
Apr 27Is Qantas Airways (ASX:QAN) Using Too Much Debt?
Apr 09Here's What Analysts Are Forecasting For Qantas Airways Limited (ASX:QAN) After Its Half-Yearly Results
Feb 23Is Now The Time To Look At Buying Qantas Airways Limited (ASX:QAN)?
Feb 14Qantas Airways (ASX:QAN) Is Investing Its Capital With Increasing Efficiency
Jan 18Investor Optimism Abounds Qantas Airways Limited (ASX:QAN) But Growth Is Lacking
Dec 28Is There An Opportunity With Qantas Airways Limited's (ASX:QAN) 49% Undervaluation?
Dec 10Why Qantas Airways Limited (ASX:QAN) Could Be Worth Watching
Nov 01These 4 Measures Indicate That Qantas Airways (ASX:QAN) Is Using Debt Extensively
Oct 08Qantas Airways (ASX:QAN) Knows How To Allocate Capital Effectively
Sep 16What Is Qantas Airways Limited's (ASX:QAN) Share Price Doing?
Jul 25We Think Qantas Airways (ASX:QAN) Is Taking Some Risk With Its Debt
Jun 28Qantas Airways (ASX:QAN) Hasn't Managed To Accelerate Its Returns
Jun 07What Is Qantas Airways Limited's (ASX:QAN) Share Price Doing?
Apr 18Does Qantas Airways (ASX:QAN) Have A Healthy Balance Sheet?
Mar 23Qantas Airways Limited's (ASX:QAN) Intrinsic Value Is Potentially 92% Above Its Share Price
Jan 05Should You Investigate Qantas Airways Limited (ASX:QAN) At AU$5.02?
Oct 01Qantas Airways Limited (ASX:QAN) Shares Could Be 34% Below Their Intrinsic Value Estimate
Jun 09Qantas Airways (ASX:QAN) Has Debt But No Earnings; Should You Worry?
Mar 21Is There Now An Opportunity In Qantas Airways Limited (ASX:QAN)?
Jan 26Is Qantas Airways (ASX:QAN) A Risky Investment?
Nov 04Are Investors Undervaluing Qantas Airways Limited (ASX:QAN) By 31%?
May 15Does Qantas Airways (ASX:QAN) Have A Healthy Balance Sheet?
Apr 19Announcing: Qantas Airways (ASX:QAN) Stock Increased An Energizing 127% In The Last Year
Mar 19Is Now An Opportune Moment To Examine Qantas Airways Limited (ASX:QAN)?
Feb 14
What Does Qantas Airways' (ASX:QAN) CEO Pay Reveal?
Jan 18Are Investors Undervaluing Qantas Airways Limited (ASX:QAN) By 24%?
Dec 23The Qantas Airways (ASX:QAN) Share Price Has Gained 44% And Shareholders Are Hoping For More
Dec 02Would Shareholders Who Purchased Qantas Airways'(ASX:QAN) Stock Three Years Be Happy With The Share price Today?
Aug 03Should You Use Qantas Airways's (ASX:QAN) Statutory Earnings To Analyse It?
Jul 10Financial Position Analysis
Short Term Liabilities: QAN's short term assets (A$3.6B) do not cover its short term liabilities (A$10.9B).
Long Term Liabilities: QAN's short term assets (A$3.6B) do not cover its long term liabilities (A$8.3B).
Debt to Equity History and Analysis
Debt Level: QAN's net debt to equity ratio (2869.2%) is considered high.
Reducing Debt: QAN's debt to equity ratio has increased from 111.5% to 4189.7% over the past 5 years.
Debt Coverage: QAN's debt is well covered by operating cash flow (73.7%).
Interest Coverage: QAN's interest payments on its debt are well covered by EBIT (17x coverage).