Azul Azul Balance Sheet Health
Financial Health criteria checks 2/6
Azul Azul has a total shareholder equity of CLP8.6B and total debt of CLP14.1B, which brings its debt-to-equity ratio to 163.6%. Its total assets and total liabilities are CLP30.5B and CLP21.9B respectively. Azul Azul's EBIT is CLP3.8B making its interest coverage ratio 5. It has cash and short-term investments of CLP1.5B.
Key information
163.6%
Debt to equity ratio
CL$14.09b
Debt
| Interest coverage ratio | 5x |
| Cash | CL$1.47b |
| Equity | CL$8.61b |
| Total liabilities | CL$21.86b |
| Total assets | CL$30.46b |
Recent financial health updates
Recent updates
Statutory Earnings May Not Be The Best Way To Understand Azul Azul's (SNSE:AZUL AZUL) True Position
Dec 06
Can Azul Azul (SNSE:AZUL AZUL) Continue To Grow Its Returns On Capital?
Mar 18We Think Azul Azul (SNSE:AZUL AZUL) Is Taking Some Risk With Its Debt
Jan 25What We Make Of Azul Azul's (SNSE:AZUL AZUL) Returns On Capital
Dec 03
Financial Position Analysis
Short Term Liabilities: AZUL AZUL's short term assets (CLP9.0B) exceed its short term liabilities (CLP8.6B).
Long Term Liabilities: AZUL AZUL's short term assets (CLP9.0B) do not cover its long term liabilities (CLP13.3B).
Debt to Equity History and Analysis
Debt Level: AZUL AZUL's net debt to equity ratio (146.6%) is considered high.
Reducing Debt: AZUL AZUL's debt to equity ratio has increased from 54.1% to 163.6% over the past 5 years.
Debt Coverage: AZUL AZUL's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: AZUL AZUL's interest payments on its debt are well covered by EBIT (5x coverage).