Air France-KLM Balance Sheet Health
Financial Health criteria checks 2/6
Air France-KLM has a total shareholder equity of €337.0M and total debt of €4.9B, which brings its debt-to-equity ratio to 1440.4%. Its total assets and total liabilities are €35.7B and €35.4B respectively. Air France-KLM's EBIT is €1.3B making its interest coverage ratio 2.2. It has cash and short-term investments of €6.5B.
Key information
1,440.4%
Debt to equity ratio
€4.85b
Debt
| Interest coverage ratio | 2.2x |
| Cash | €6.47b |
| Equity | €337.00m |
| Total liabilities | €35.36b |
| Total assets | €35.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFR0's short term assets (€11.7B) do not cover its short term liabilities (€17.4B).
Long Term Liabilities: AFR0's short term assets (€11.7B) do not cover its long term liabilities (€18.0B).
Debt to Equity History and Analysis
Debt Level: AFR0 has more cash than its total debt.
Reducing Debt: AFR0's debt to equity ratio has increased from 226% to 1440.4% over the past 5 years.
Debt Coverage: AFR0's debt is well covered by operating cash flow (31.8%).
Interest Coverage: AFR0's interest payments on its debt are not well covered by EBIT (2.2x coverage).