Ryanair Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ryanair Holdings has a total shareholder equity of €7.8B and total debt of €2.6B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are €16.4B and €8.6B respectively. Ryanair Holdings's EBIT is €1.7B making its interest coverage ratio -20.7. It has cash and short-term investments of €3.3B.
Key information
33.3%
Debt to equity ratio
€2.58b
Debt
| Interest coverage ratio | -20.7x |
| Cash | €3.33b |
| Equity | €7.76b |
| Total liabilities | €8.62b |
| Total assets | €16.38b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RY4D's short term assets (€4.9B) do not cover its short term liabilities (€6.0B).
Long Term Liabilities: RY4D's short term assets (€4.9B) exceed its long term liabilities (€2.6B).
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 65.5% to 33.3% over the past 5 years.
Debt Coverage: RY4D's debt is well covered by operating cash flow (104.6%).
Interest Coverage: RY4D earns more interest than it pays, so coverage of interest payments is not a concern.