Copa Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Copa Holdings has a total shareholder equity of $2.2B and total debt of $1.4B, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are $5.2B and $3.0B respectively. Copa Holdings's EBIT is $830.0M making its interest coverage ratio 9.7. It has cash and short-term investments of $801.2M.
Key information
65.3%
Debt to equity ratio
US$1.43b
Debt
| Interest coverage ratio | 9.7x |
| Cash | US$801.17m |
| Equity | US$2.19b |
| Total liabilities | US$3.00b |
| Total assets | US$5.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPA N's short term assets ($1.2B) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: CPA N's short term assets ($1.2B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: CPA N's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: CPA N's debt to equity ratio has reduced from 72.7% to 65.3% over the past 5 years.
Debt Coverage: CPA N's debt is well covered by operating cash flow (72.8%).
Interest Coverage: CPA N's interest payments on its debt are well covered by EBIT (9.7x coverage).