Deutsche Lufthansa Balance Sheet Health
Financial Health criteria checks 4/6
Deutsche Lufthansa has a total shareholder equity of €9.7B and total debt of €11.0B, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are €47.2B and €37.5B respectively. Deutsche Lufthansa's EBIT is €1.1B making its interest coverage ratio 4.9. It has cash and short-term investments of €8.0B.
Key information
113.1%
Debt to equity ratio
€10.97b
Debt
| Interest coverage ratio | 4.9x |
| Cash | €8.03b |
| Equity | €9.70b |
| Total liabilities | €37.53b |
| Total assets | €47.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUFTHANSA's short term assets (€16.7B) do not cover its short term liabilities (€22.2B).
Long Term Liabilities: LUFTHANSA's short term assets (€16.7B) exceed its long term liabilities (€15.3B).
Debt to Equity History and Analysis
Debt Level: LUFTHANSA's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: LUFTHANSA's debt to equity ratio has increased from 73.7% to 113.1% over the past 5 years.
Debt Coverage: LUFTHANSA's debt is well covered by operating cash flow (42.2%).
Interest Coverage: LUFTHANSA's interest payments on its debt are well covered by EBIT (4.9x coverage).