LATAM Airlines Group Balance Sheet Health
Financial Health criteria checks 1/6
LATAM Airlines Group has a total shareholder equity of $711.3M and total debt of $3.0B, which brings its debt-to-equity ratio to 420.1%. Its total assets and total liabilities are $15.3B and $14.5B respectively. LATAM Airlines Group's EBIT is $1.5B making its interest coverage ratio 2.3. It has cash and short-term investments of $2.0B.
Key information
420.1%
Debt to equity ratio
US$2.99b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$1.96b |
| Equity | US$711.33m |
| Total liabilities | US$14.54b |
| Total assets | US$15.25b |
Recent financial health updates
Here's Why LATAM Airlines Group (SNSE:LTM) Can Manage Its Debt Responsibly
Jan 18
Is LATAM Airlines Group (SNSE:LTM) A Risky Investment?
Jun 16Recent updates
LATAM Airlines Group S.A. (SNSE:LTM) Shares Could Be 47% Below Their Intrinsic Value Estimate
Mar 11Here's Why LATAM Airlines Group (SNSE:LTM) Can Manage Its Debt Responsibly
Jan 18Returns Are Gaining Momentum At LATAM Airlines Group (SNSE:LTM)
Dec 04Some May Be Optimistic About LATAM Airlines Group's (SNSE:LTM) Earnings
Nov 13Results: LATAM Airlines Group S.A. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 10Should You Think About Buying LATAM Airlines Group S.A. (SNSE:LTM) Now?
Oct 18There's Reason For Concern Over LATAM Airlines Group S.A.'s (SNSE:LTM) Price
Jul 16Is LATAM Airlines Group (SNSE:LTM) A Risky Investment?
Jun 16At CL$12.40, Is It Time To Put LATAM Airlines Group S.A. (SNSE:LTM) On Your Watch List?
Apr 23What LATAM Airlines Group S.A.'s (SNSE:LTM) P/S Is Not Telling You
Apr 05Financial Position Analysis
Short Term Liabilities: LTM's short term assets ($3.9B) do not cover its short term liabilities ($6.3B).
Long Term Liabilities: LTM's short term assets ($3.9B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: LTM's net debt to equity ratio (144.2%) is considered high.
Reducing Debt: LTM's debt to equity ratio has increased from 176.2% to 420.1% over the past 5 years.
Debt Coverage: LTM's debt is well covered by operating cash flow (104%).
Interest Coverage: LTM's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/23 09:09 |
| End of Day Share Price | 2025/03/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
LATAM Airlines Group S.A. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pablo Monsivais Mendoza | Barclays |
| Murilo Freiberger | BofA Global Research |
| Victor Mizusaki | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |