Deutsche Lufthansa Balance Sheet Health
Financial Health criteria checks 4/6
Deutsche Lufthansa has a total shareholder equity of €9.6B and total debt of €11.2B, which brings its debt-to-equity ratio to 117.3%. Its total assets and total liabilities are €47.4B and €37.8B respectively. Deutsche Lufthansa's EBIT is €1.5B making its interest coverage ratio 5.7. It has cash and short-term investments of €8.3B.
Key information
117.3%
Debt to equity ratio
€11.23b
Debt
Interest coverage ratio | 5.7x |
Cash | €8.27b |
Equity | €9.57b |
Total liabilities | €37.78b |
Total assets | €47.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1LHA's short term assets (€17.1B) do not cover its short term liabilities (€23.0B).
Long Term Liabilities: 1LHA's short term assets (€17.1B) exceed its long term liabilities (€14.7B).
Debt to Equity History and Analysis
Debt Level: 1LHA's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: 1LHA's debt to equity ratio has increased from 63.6% to 117.3% over the past 5 years.
Debt Coverage: 1LHA's debt is well covered by operating cash flow (41.6%).
Interest Coverage: 1LHA's interest payments on its debt are well covered by EBIT (5.7x coverage).