International Consolidated Airlines Group Balance Sheet Health
Financial Health criteria checks 3/6
International Consolidated Airlines Group has a total shareholder equity of €3.3B and total debt of €7.1B, which brings its debt-to-equity ratio to 217.1%. Its total assets and total liabilities are €37.7B and €34.4B respectively. International Consolidated Airlines Group's EBIT is €3.6B making its interest coverage ratio 5.1. It has cash and short-term investments of €6.8B.
Key information
217.1%
Debt to equity ratio
€7.12b
Debt
| Interest coverage ratio | 5.1x |
| Cash | €6.81b |
| Equity | €3.28b |
| Total liabilities | €34.40b |
| Total assets | €37.68b |
Recent financial health updates
Does International Consolidated Airlines Group (LON:IAG) Have A Healthy Balance Sheet?
Apr 15
Here's Why International Consolidated Airlines Group (LON:IAG) Has A Meaningful Debt Burden
Dec 28These 4 Measures Indicate That International Consolidated Airlines Group (LON:IAG) Is Using Debt Extensively
Sep 17International Consolidated Airlines Group (LON:IAG) Use Of Debt Could Be Considered Risky
Jun 12International Consolidated Airlines Group (LON:IAG) Has A Somewhat Strained Balance Sheet
Feb 27Is International Consolidated Airlines Group (LON:IAG) Using Debt In A Risky Way?
Oct 23Recent updates
Does International Consolidated Airlines Group (LON:IAG) Have A Healthy Balance Sheet?
Apr 15Returns On Capital At International Consolidated Airlines Group (LON:IAG) Have Stalled
Mar 25Investor Optimism Abounds International Consolidated Airlines Group S.A. (LON:IAG) But Growth Is Lacking
Mar 06Calculating The Fair Value Of International Consolidated Airlines Group S.A. (LON:IAG)
Jan 18Here's Why International Consolidated Airlines Group (LON:IAG) Has A Meaningful Debt Burden
Dec 28Returns On Capital At International Consolidated Airlines Group (LON:IAG) Have Hit The Brakes
Nov 16Calculating The Intrinsic Value Of International Consolidated Airlines Group S.A. (LON:IAG)
Oct 05These 4 Measures Indicate That International Consolidated Airlines Group (LON:IAG) Is Using Debt Extensively
Sep 17The Returns On Capital At International Consolidated Airlines Group (LON:IAG) Don't Inspire Confidence
Jul 31International Consolidated Airlines Group (LON:IAG) Use Of Debt Could Be Considered Risky
Jun 12International Consolidated Airlines Group (LON:IAG) May Have Issues Allocating Its Capital
Apr 20International Consolidated Airlines Group (LON:IAG) Has A Somewhat Strained Balance Sheet
Feb 27There Are Reasons To Feel Uneasy About International Consolidated Airlines Group's (LON:IAG) Returns On Capital
Dec 08Is International Consolidated Airlines Group (LON:IAG) Using Debt In A Risky Way?
Oct 23Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 31% Undervaluation?
Jul 27Auditors Have Doubts About International Consolidated Airlines Group (LON:IAG)
Mar 06Are Investors Undervaluing International Consolidated Airlines Group, S.A. (LON:IAG) By 31%?
Jan 11International Consolidated Airlines Group (LON:IAG) Has Debt But No Earnings; Should You Worry?
Dec 09The Consensus EPS Estimates For International Consolidated Airlines Group, S.A. (LON:IAG) Just Fell Dramatically
Aug 01International Consolidated Airlines Group (LON:IAG) Has Returned Negative 37% To Its Shareholders In The Past Three Years
Jan 03Financial Position Analysis
Short Term Liabilities: IAG's short term assets (€10.7B) do not cover its short term liabilities (€17.0B).
Long Term Liabilities: IAG's short term assets (€10.7B) do not cover its long term liabilities (€17.4B).
Debt to Equity History and Analysis
Debt Level: IAG's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: IAG's debt to equity ratio has increased from 23.5% to 217.1% over the past 5 years.
Debt Coverage: IAG's debt is well covered by operating cash flow (68.4%).
Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (5.1x coverage).