El Al Israel Airlines Balance Sheet Health
Financial Health criteria checks 1/6
El Al Israel Airlines has a total shareholder equity of $-209.2M and total debt of $1.1B, which brings its debt-to-equity ratio to -527.2%. Its total assets and total liabilities are $3.3B and $3.5B respectively. El Al Israel Airlines's EBIT is $267.3M making its interest coverage ratio 1.9. It has cash and short-term investments of $421.7M.
Key information
-527.2%
Debt to equity ratio
US$1.10b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$421.70m |
| Equity | -US$209.20m |
| Total liabilities | US$3.53b |
| Total assets | US$3.32b |
Recent financial health updates
Recent updates
El Al Israel Airlines Ltd. (TLV:ELAL) Stock Rockets 41% But Many Are Still Ignoring The Company
Feb 20
Investors Shouldn't Be Too Comfortable With El Al Israel Airlines' (TLV:ELAL) Robust Earnings
Mar 10Would Shareholders Who Purchased El Al Israel Airlines' (TLV:ELAL) Stock Five Years Be Happy With The Share price Today?
Feb 08What Can We Make Of El Al Israel Airlines' (TLV:ELAL) CEO Compensation?
Dec 18Financial Position Analysis
Short Term Liabilities: ELAL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ELAL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ELAL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ELAL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ELAL's debt is well covered by operating cash flow (41.3%).
Interest Coverage: ELAL's interest payments on its debt are not well covered by EBIT (1.9x coverage).