International Consolidated Airlines Group Balance Sheet Health
Financial Health criteria checks 2/6
International Consolidated Airlines Group has a total shareholder equity of €2.0B and total debt of €10.4B, which brings its debt-to-equity ratio to 512.6%. Its total assets and total liabilities are €39.3B and €37.3B respectively. International Consolidated Airlines Group's EBIT is €1.4B making its interest coverage ratio 1.5. It has cash and short-term investments of €9.6B.
Key information
512.6%
Debt to equity ratio
€10.37b
Debt
Interest coverage ratio | 1.5x |
Cash | €9.57b |
Equity | €2.02b |
Total liabilities | €37.28b |
Total assets | €39.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAG N's short term assets (€13.2B) do not cover its short term liabilities (€16.7B).
Long Term Liabilities: IAG N's short term assets (€13.2B) do not cover its long term liabilities (€20.6B).
Debt to Equity History and Analysis
Debt Level: IAG N's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: IAG N's debt to equity ratio has increased from 26.3% to 512.6% over the past 5 years.
Debt Coverage: IAG N's debt is well covered by operating cash flow (46.6%).
Interest Coverage: IAG N's interest payments on its debt are not well covered by EBIT (1.5x coverage).