Wizz Air Holdings Balance Sheet Health

Financial Health criteria checks 0/6

Wizz Air Holdings has a total shareholder equity of €225.5M and total debt of €5.6B, which brings its debt-to-equity ratio to 2493.3%. Its total assets and total liabilities are €7.9B and €7.6B respectively.

Key information

2,493.3%

Debt to equity ratio

€5.62b

Debt

Interest coverage ration/a
Cash€1.73b
Equity€225.50m
Total liabilities€7.65b
Total assets€7.87b

Recent financial health updates

Recent updates

Wizz Air Holdings (LON:WIZZ) Has Debt But No Earnings; Should You Worry?

Mar 21
Wizz Air Holdings (LON:WIZZ) Has Debt But No Earnings; Should You Worry?

Wizz Air Holdings Plc (LON:WIZZ) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Jan 28
Wizz Air Holdings Plc (LON:WIZZ) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Wizz Air Holdings (LON:WIZZ) Will Want To Turn Around Its Return Trends

Dec 26
Wizz Air Holdings (LON:WIZZ) Will Want To Turn Around Its Return Trends

Is Wizz Air Holdings (LON:WIZZ) A Risky Investment?

Dec 05
Is Wizz Air Holdings (LON:WIZZ) A Risky Investment?

Wizz Air Holdings Plc (LON:WIZZ) Shares Could Be 49% Below Their Intrinsic Value Estimate

Jun 09
Wizz Air Holdings Plc (LON:WIZZ) Shares Could Be 49% Below Their Intrinsic Value Estimate

Is Wizz Air Holdings Plc (LON:WIZZ) Trading At A 40% Discount?

Oct 19
Is Wizz Air Holdings Plc (LON:WIZZ) Trading At A 40% Discount?

What Does Wizz Air Holdings Plc's (LON:WIZZ) Share Price Indicate?

Sep 02
What Does Wizz Air Holdings Plc's (LON:WIZZ) Share Price Indicate?

Wizz Air Holdings Plc (LON:WIZZ) Shares Could Be 49% Below Their Intrinsic Value Estimate

May 07
Wizz Air Holdings Plc (LON:WIZZ) Shares Could Be 49% Below Their Intrinsic Value Estimate

Is Wizz Air Holdings (LON:WIZZ) Using Debt Sensibly?

Jan 11
Is Wizz Air Holdings (LON:WIZZ) Using Debt Sensibly?

Would Wizz Air Holdings (LON:WIZZ) Be Better Off With Less Debt?

Aug 26
Would Wizz Air Holdings (LON:WIZZ) Be Better Off With Less Debt?

Analyst Estimates: Here's What Brokers Think Of Wizz Air Holdings Plc (LON:WIZZ) After Its First-Quarter Report

Jul 31
Analyst Estimates: Here's What Brokers Think Of Wizz Air Holdings Plc (LON:WIZZ) After Its First-Quarter Report

Here's Why We Think Wizz Air Holdings Plc's (LON:WIZZ) CEO Compensation Looks Fair for the time being

Jul 21
Here's Why We Think Wizz Air Holdings Plc's (LON:WIZZ) CEO Compensation Looks Fair for the time being

Are Investors Undervaluing Wizz Air Holdings Plc (LON:WIZZ) By 27%?

Jul 16
Are Investors Undervaluing Wizz Air Holdings Plc (LON:WIZZ) By 27%?

At UK£55.05, Is It Time To Put Wizz Air Holdings Plc (LON:WIZZ) On Your Watch List?

Mar 16
At UK£55.05, Is It Time To Put Wizz Air Holdings Plc (LON:WIZZ) On Your Watch List?

Calculating The Fair Value Of Wizz Air Holdings Plc (LON:WIZZ)

Feb 25
Calculating The Fair Value Of Wizz Air Holdings Plc (LON:WIZZ)

Need To Know: Wizz Air Holdings Plc (LON:WIZZ) Insiders Have Been Selling Shares

Feb 10
Need To Know: Wizz Air Holdings Plc (LON:WIZZ) Insiders Have Been Selling Shares

Financial Position Analysis

Short Term Liabilities: WIZZ's short term assets (€2.6B) do not cover its short term liabilities (€2.9B).

Long Term Liabilities: WIZZ's short term assets (€2.6B) do not cover its long term liabilities (€4.7B).


Debt to Equity History and Analysis

Debt Level: WIZZ's net debt to equity ratio (1724.8%) is considered high.

Reducing Debt: WIZZ's debt to equity ratio has increased from 2% to 2493.3% over the past 5 years.

Debt Coverage: WIZZ's debt is not well covered by operating cash flow (12%).

Interest Coverage: Insufficient data to determine if WIZZ's interest payments on its debt are well covered by EBIT.


Balance Sheet


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