Aegean Airlines Balance Sheet Health
Financial Health criteria checks 4/6
Aegean Airlines has a total shareholder equity of €418.8M and total debt of €220.3M, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are €2.4B and €2.0B respectively. Aegean Airlines's EBIT is €246.8M making its interest coverage ratio 4.7. It has cash and short-term investments of €698.2M.
Key information
52.6%
Debt to equity ratio
€220.33m
Debt
Interest coverage ratio | 4.7x |
Cash | €698.18m |
Equity | €418.83m |
Total liabilities | €1.99b |
Total assets | €2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OHY's short term assets (€927.0M) exceed its short term liabilities (€871.1M).
Long Term Liabilities: 0OHY's short term assets (€927.0M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: 0OHY has more cash than its total debt.
Reducing Debt: 0OHY's debt to equity ratio has increased from 0.01% to 52.6% over the past 5 years.
Debt Coverage: 0OHY's debt is well covered by operating cash flow (196.9%).
Interest Coverage: 0OHY's interest payments on its debt are well covered by EBIT (4.7x coverage).