BOC Aviation Balance Sheet Health
Financial Health criteria checks 1/6
BOC Aviation has a total shareholder equity of $6.1B and total debt of $16.2B, which brings its debt-to-equity ratio to 268.1%. Its total assets and total liabilities are $24.3B and $18.2B respectively. BOC Aviation's EBIT is $1.5B making its interest coverage ratio 2.1. It has cash and short-term investments of $536.8M.
Key information
268.1%
Debt to equity ratio
US$16.25b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$536.75m |
| Equity | US$6.06b |
| Total liabilities | US$18.22b |
| Total assets | US$24.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8BO's short term assets ($1.2B) do not cover its short term liabilities ($3.5B).
Long Term Liabilities: 8BO's short term assets ($1.2B) do not cover its long term liabilities ($14.8B).
Debt to Equity History and Analysis
Debt Level: 8BO's net debt to equity ratio (259.2%) is considered high.
Reducing Debt: 8BO's debt to equity ratio has reduced from 306% to 268.1% over the past 5 years.
Debt Coverage: 8BO's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 8BO's interest payments on its debt are not well covered by EBIT (2.1x coverage).