BOC Aviation Balance Sheet Health
Financial Health criteria checks 1/6
BOC Aviation has a total shareholder equity of $5.7B and total debt of $16.5B, which brings its debt-to-equity ratio to 287.7%. Its total assets and total liabilities are $24.2B and $18.4B respectively. BOC Aviation's EBIT is $1.4B making its interest coverage ratio 2.2. It has cash and short-term investments of $393.8M.
Key information
287.7%
Debt to equity ratio
US$16.54b
Debt
Interest coverage ratio | 2.2x |
Cash | US$393.76m |
Equity | US$5.75b |
Total liabilities | US$18.42b |
Total assets | US$24.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8BO's short term assets ($831.3M) do not cover its short term liabilities ($3.4B).
Long Term Liabilities: 8BO's short term assets ($831.3M) do not cover its long term liabilities ($15.0B).
Debt to Equity History and Analysis
Debt Level: 8BO's net debt to equity ratio (280.8%) is considered high.
Reducing Debt: 8BO's debt to equity ratio has reduced from 295.4% to 287.7% over the past 5 years.
Debt Coverage: 8BO's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 8BO's interest payments on its debt are not well covered by EBIT (2.2x coverage).