International Consolidated Airlines Group Balance Sheet Health
Financial Health criteria checks 2/6
International Consolidated Airlines Group has a total shareholder equity of €4.8B and total debt of €16.1B, which brings its debt-to-equity ratio to 337.7%. Its total assets and total liabilities are €42.5B and €37.7B respectively. International Consolidated Airlines Group's EBIT is €3.9B making its interest coverage ratio 7.8. It has cash and short-term investments of €9.7B.
Key information
337.7%
Debt to equity ratio
€16.12b
Debt
| Interest coverage ratio | 7.8x |
| 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: INR's short term assets (€14.8B) do not cover its short term liabilities (€21.0B).
Long Term Liabilities: INR's short term assets (€14.8B) do not cover its long term liabilities (€16.7B).
Debt to Equity History and Analysis
Debt Level: INR's net debt to equity ratio (134.5%) is considered high.
Reducing Debt: INR's debt to equity ratio has increased from 35.6% to 337.7% over the past 5 years.
Debt Coverage: INR's debt is well covered by operating cash flow (33.8%).
Interest Coverage: INR's interest payments on its debt are well covered by EBIT (7.8x coverage).