Copa Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Copa Holdings has a total shareholder equity of $2.1B and total debt of $1.5B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are $5.2B and $3.1B respectively. Copa Holdings's EBIT is $811.8M making its interest coverage ratio 7.5. It has cash and short-term investments of $915.2M.
Key information
68.8%
Debt to equity ratio
US$1.46b
Debt
Interest coverage ratio | 7.5x |
Cash | US$915.18m |
Equity | US$2.13b |
Total liabilities | US$3.07b |
Total assets | US$5.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C2H's short term assets ($1.3B) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: C2H's short term assets ($1.3B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: C2H's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: C2H's debt to equity ratio has reduced from 71.6% to 68.8% over the past 5 years.
Debt Coverage: C2H's debt is well covered by operating cash flow (69.8%).
Interest Coverage: C2H's interest payments on its debt are well covered by EBIT (7.5x coverage).