Air China Balance Sheet Health
Financial Health criteria checks 2/6
Air China has a total shareholder equity of CN¥38.0B and total debt of CN¥169.8B, which brings its debt-to-equity ratio to 447.2%. Its total assets and total liabilities are CN¥344.6B and CN¥306.6B respectively.
Key information
447.2%
Debt to equity ratio
CN¥169.85b
Debt
Interest coverage ratio | n/a |
Cash | CN¥21.86b |
Equity | CN¥37.98b |
Total liabilities | CN¥306.57b |
Total assets | CN¥344.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 753's short term assets (CN¥40.3B) do not cover its short term liabilities (CN¥150.5B).
Long Term Liabilities: 753's short term assets (CN¥40.3B) do not cover its long term liabilities (CN¥156.1B).
Debt to Equity History and Analysis
Debt Level: 753's net debt to equity ratio (389.6%) is considered high.
Reducing Debt: 753's debt to equity ratio has increased from 51.6% to 447.2% 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 753 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 753 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.4% per year.