Deutsche Lufthansa Balance Sheet Health
Financial Health criteria checks 3/6
Deutsche Lufthansa has a total shareholder equity of €10.2B and total debt of €11.3B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are €46.4B and €36.2B respectively. Deutsche Lufthansa's EBIT is €946.0M making its interest coverage ratio 4.1. It has cash and short-term investments of €8.9B.
Key information
110.3%
Debt to equity ratio
€11.27b
Debt
| Interest coverage ratio | 4.1x |
| Cash | €8.87b |
| Equity | €10.21b |
| Total liabilities | €36.23b |
| Total assets | €46.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHAD's short term assets (€16.1B) do not cover its short term liabilities (€19.6B).
Long Term Liabilities: LHAD's short term assets (€16.1B) do not cover its long term liabilities (€16.6B).
Debt to Equity History and Analysis
Debt Level: LHAD's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: LHAD's debt to equity ratio has increased from 75.7% to 110.3% over the past 5 years.
Debt Coverage: LHAD's debt is well covered by operating cash flow (35.9%).
Interest Coverage: LHAD's interest payments on its debt are well covered by EBIT (4.1x coverage).