Ryanair Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ryanair Holdings has a total shareholder equity of €7.6B and total debt of €2.6B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are €17.2B and €9.6B respectively. Ryanair Holdings's EBIT is €2.1B making its interest coverage ratio -33.3. It has cash and short-term investments of €4.1B.
Key information
33.9%
Debt to equity ratio
€2.58b
Debt
| Interest coverage ratio | -33.3x |
| Cash | €4.11b |
| Equity | €7.61b |
| Total liabilities | €9.56b |
| Total assets | €17.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYA1 N's short term assets (€5.8B) do not cover its short term liabilities (€6.4B).
Long Term Liabilities: RYA1 N's short term assets (€5.8B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: RYA1 N has more cash than its total debt.
Reducing Debt: RYA1 N's debt to equity ratio has reduced from 66.1% to 33.9% over the past 5 years.
Debt Coverage: RYA1 N's debt is well covered by operating cash flow (122.3%).
Interest Coverage: RYA1 N earns more interest than it pays, so coverage of interest payments is not a concern.