Flughafen Zürich Balance Sheet Health
Financial Health criteria checks 4/6
Flughafen Zürich has a total shareholder equity of CHF2.8B and total debt of CHF1.4B, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CHF5.1B and CHF2.3B respectively. Flughafen Zürich's EBIT is CHF390.1M making its interest coverage ratio 125.8. It has cash and short-term investments of CHF601.9M.
Key information
50.3%
Debt to equity ratio
CHF1.41b
Debt
Interest coverage ratio | 125.8x |
Cash | CHF601.90m |
Equity | CHF2.80b |
Total liabilities | CHF2.30b |
Total assets | CHF5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FHZNZ's short term assets (CHF962.6M) exceed its short term liabilities (CHF606.2M).
Long Term Liabilities: FHZNZ's short term assets (CHF962.6M) do not cover its long term liabilities (CHF1.7B).
Debt to Equity History and Analysis
Debt Level: FHZNZ's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: FHZNZ's debt to equity ratio has increased from 45.4% to 50.3% over the past 5 years.
Debt Coverage: FHZNZ's debt is well covered by operating cash flow (48.2%).
Interest Coverage: FHZNZ's interest payments on its debt are well covered by EBIT (125.8x coverage).