China Eastern Airlines Balance Sheet Health
Financial Health criteria checks 2/6
China Eastern Airlines has a total shareholder equity of CN¥40.1B and total debt of CN¥117.4B, which brings its debt-to-equity ratio to 292.5%. Its total assets and total liabilities are CN¥274.9B and CN¥234.8B respectively.
Key information
292.5%
Debt to equity ratio
CN¥117.39b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.79b |
| Equity | CN¥40.14b |
| Total liabilities | CN¥234.78b |
| Total assets | CN¥274.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600115's short term assets (CN¥18.6B) do not cover its short term liabilities (CN¥116.8B).
Long Term Liabilities: 600115's short term assets (CN¥18.6B) do not cover its long term liabilities (CN¥118.0B).
Debt to Equity History and Analysis
Debt Level: 600115's net debt to equity ratio (283%) is considered high.
Reducing Debt: 600115's debt to equity ratio has increased from 96.7% to 292.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600115 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600115 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15% per year.