Ryanair Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ryanair Holdings has a total shareholder equity of €7.9B and total debt of €2.6B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are €15.5B and €7.6B respectively. Ryanair Holdings's EBIT is €2.2B making its interest coverage ratio -39.3. It has cash and short-term investments of €2.9B.
Key information
33.1%
Debt to equity ratio
€2.60b
Debt
Interest coverage ratio | -39.3x |
Cash | €2.90b |
Equity | €7.87b |
Total liabilities | €7.58b |
Total assets | €15.46b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RY4D's short term assets (€4.3B) exceed its short term liabilities (€4.3B).
Long Term Liabilities: RY4D's short term assets (€4.3B) exceed its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: RY4D has more cash than its total debt.
Reducing Debt: RY4D's debt to equity ratio has reduced from 76.5% to 33.1% over the past 5 years.
Debt Coverage: RY4D's debt is well covered by operating cash flow (132.9%).
Interest Coverage: RY4D earns more interest than it pays, so coverage of interest payments is not a concern.