Wizz Air Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Wizz Air Holdings has a total shareholder equity of €145.7M and total debt of €1.0B, which brings its debt-to-equity ratio to 696.2%. Its total assets and total liabilities are €8.7B and €8.5B respectively. Wizz Air Holdings's EBIT is €193.1M making its interest coverage ratio 1.7. It has cash and short-term investments of €1.5B.
Key information
696.2%
Debt to equity ratio
€1.01b
Debt
| Interest coverage ratio | 1.7x |
| Cash | €1.48b |
| Equity | €145.70m |
| Total liabilities | €8.55b |
| Total assets | €8.69b |
Recent financial health updates
Wizz Air Holdings (LON:WIZZ) Use Of Debt Could Be Considered Risky
Jul 12
Wizz Air Holdings (LON:WIZZ) Has Debt But No Earnings; Should You Worry?
Mar 21Is Wizz Air Holdings (LON:WIZZ) A Risky Investment?
Dec 05Is Wizz Air Holdings (LON:WIZZ) Using Debt Sensibly?
Jan 11Would Wizz Air Holdings (LON:WIZZ) Be Better Off With Less Debt?
Aug 26Recent updates
Wizz Air Holdings (LON:WIZZ) Use Of Debt Could Be Considered Risky
Jul 12Wizz Air Holdings (LON:WIZZ) Might Be Having Difficulty Using Its Capital Effectively
Jun 16Cautious Investors Not Rewarding Wizz Air Holdings Plc's (LON:WIZZ) Performance Completely
May 25Wizz Air Holdings (LON:WIZZ) Has Debt But No Earnings; Should You Worry?
Mar 21Wizz Air Holdings Plc (LON:WIZZ) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Jan 28Wizz Air Holdings (LON:WIZZ) Will Want To Turn Around Its Return Trends
Dec 26Is Wizz Air Holdings (LON:WIZZ) A Risky Investment?
Dec 05Wizz Air Holdings Plc (LON:WIZZ) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jun 09Is Wizz Air Holdings Plc (LON:WIZZ) Trading At A 40% Discount?
Oct 19What Does Wizz Air Holdings Plc's (LON:WIZZ) Share Price Indicate?
Sep 02Wizz Air Holdings Plc (LON:WIZZ) Shares Could Be 49% Below Their Intrinsic Value Estimate
May 07Is Wizz Air Holdings (LON:WIZZ) Using Debt Sensibly?
Jan 11Would Wizz Air Holdings (LON:WIZZ) Be Better Off With Less Debt?
Aug 26Analyst Estimates: Here's What Brokers Think Of Wizz Air Holdings Plc (LON:WIZZ) After Its First-Quarter Report
Jul 31Here's Why We Think Wizz Air Holdings Plc's (LON:WIZZ) CEO Compensation Looks Fair for the time being
Jul 21Are Investors Undervaluing Wizz Air Holdings Plc (LON:WIZZ) By 27%?
Jul 16At UK£55.05, Is It Time To Put Wizz Air Holdings Plc (LON:WIZZ) On Your Watch List?
Mar 16Calculating The Fair Value Of Wizz Air Holdings Plc (LON:WIZZ)
Feb 25Need To Know: Wizz Air Holdings Plc (LON:WIZZ) Insiders Have Been Selling Shares
Feb 10
Financial Position Analysis
Short Term Liabilities: WIZZ's short term assets (€2.6B) do not cover its short term liabilities (€3.0B).
Long Term Liabilities: WIZZ's short term assets (€2.6B) do not cover its long term liabilities (€5.6B).
Debt to Equity History and Analysis
Debt Level: WIZZ has more cash than its total debt.
Reducing Debt: WIZZ's debt to equity ratio has increased from 2.2% to 696.2% over the past 5 years.
Debt Coverage: WIZZ's debt is well covered by operating cash flow (66.7%).
Interest Coverage: WIZZ's interest payments on its debt are not well covered by EBIT (1.7x coverage).