China Southern Airlines Balance Sheet Health
Financial Health criteria checks 2/6
China Southern Airlines has a total shareholder equity of CN¥55.6B and total debt of CN¥139.0B, which brings its debt-to-equity ratio to 250.2%. Its total assets and total liabilities are CN¥316.0B and CN¥260.4B respectively. China Southern Airlines's EBIT is CN¥3.5B making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥14.2B.
Key information
250.2%
Debt to equity ratio
CN¥139.00b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥14.16b |
| Equity | CN¥55.56b |
| Total liabilities | CN¥260.40b |
| Total assets | CN¥315.95b |
Recent financial health updates
Is China Southern Airlines (HKG:1055) A Risky Investment?
Aug 24
Is China Southern Airlines (HKG:1055) Using Too Much Debt?
Dec 13Is China Southern Airlines (HKG:1055) Using Debt Sensibly?
Aug 03China Southern Airlines (HKG:1055) Has Debt But No Earnings; Should You Worry?
Apr 10Is China Southern Airlines (HKG:1055) Using Too Much Debt?
Dec 26Recent updates
Time To Worry? Analysts Are Downgrading Their China Southern Airlines Company Limited (HKG:1055) Outlook
Sep 06Is China Southern Airlines (HKG:1055) A Risky Investment?
Aug 24News Flash: 14 Analysts Think China Southern Airlines Company Limited (HKG:1055) Earnings Are Under Threat
May 06Is China Southern Airlines (HKG:1055) Using Too Much Debt?
Dec 13A Look At The Fair Value Of China Southern Airlines Company Limited (HKG:1055)
Sep 25Is It Time To Consider Buying China Southern Airlines Company Limited (HKG:1055)?
Aug 30Is China Southern Airlines (HKG:1055) Using Debt Sensibly?
Aug 03Calculating The Intrinsic Value Of China Southern Airlines Company Limited (HKG:1055)
Jun 12Why China Southern Airlines Company Limited (HKG:1055) Could Be Worth Watching
May 17China Southern Airlines (HKG:1055) Has Debt But No Earnings; Should You Worry?
Apr 10Would Shareholders Who Purchased China Southern Airlines' (HKG:1055) Stock Three Years Be Happy With The Share price Today?
Feb 17Is China Southern Airlines (HKG:1055) Using Too Much Debt?
Dec 26Financial Position Analysis
Short Term Liabilities: 1055's short term assets (CN¥32.0B) do not cover its short term liabilities (CN¥136.3B).
Long Term Liabilities: 1055's short term assets (CN¥32.0B) do not cover its long term liabilities (CN¥124.1B).
Debt to Equity History and Analysis
Debt Level: 1055's net debt to equity ratio (224.7%) is considered high.
Reducing Debt: 1055's debt to equity ratio has increased from 86.8% to 250.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1055 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1055 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.7% per year.