China Eastern Airlines Corporation Limited

SHSE:600115 Stock Report

Market Cap: CN¥73.6b

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 ration/a
CashCN¥3.79b
EquityCN¥40.14b
Total liabilitiesCN¥234.78b
Total assetsCN¥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.


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