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 ration/a
CashCN¥21.86b
EquityCN¥37.98b
Total liabilitiesCN¥306.57b
Total assetsCN¥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.


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