Copa Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Copa Holdings has a total shareholder equity of $2.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are $5.5B and $3.2B respectively. Copa Holdings's EBIT is $763.5M making its interest coverage ratio 25.5. It has cash and short-term investments of $1.0B.
Key information
64.9%
Debt to equity ratio
US$1.50b
Debt
| Interest coverage ratio | 25.5x |
| Cash | US$1.03b |
| Equity | US$2.32b |
| Total liabilities | US$3.19b |
| Total assets | US$5.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPA N's short term assets ($1.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: CPA N's short term assets ($1.4B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CPA N's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: CPA N's debt to equity ratio has increased from 56% to 64.9% over the past 5 years.
Debt Coverage: CPA N's debt is well covered by operating cash flow (62.5%).
Interest Coverage: CPA N's interest payments on its debt are well covered by EBIT (25.5x coverage).