El Al Israel Airlines Balance Sheet Health
Financial Health criteria checks 2/6
El Al Israel Airlines has a total shareholder equity of $-91.2M and total debt of $1.1B, which brings its debt-to-equity ratio to -1162.7%. Its total assets and total liabilities are $3.7B and $3.8B respectively. El Al Israel Airlines's EBIT is $392.0M making its interest coverage ratio 3. It has cash and short-term investments of $738.2M.
Key information
-1,162.7%
Debt to equity ratio
US$1.06b
Debt
Interest coverage ratio | 3x |
Cash | US$738.20m |
Equity | -US$91.20m |
Total liabilities | US$3.79b |
Total assets | US$3.70b |
Recent financial health updates
Recent updates
Lacklustre Performance Is Driving El Al Israel Airlines Ltd.'s (TLV:ELAL) 25% Price Drop
Jun 14El Al Israel Airlines Ltd. (TLV:ELAL) Stock Rockets 41% But Many Are Still Ignoring The Company
Feb 20Investors 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 (71.9%).
Interest Coverage: ELAL's interest payments on its debt are well covered by EBIT (3x coverage).