Auckland International Airport Balance Sheet Health
Financial Health criteria checks 3/6
Auckland International Airport has a total shareholder equity of NZ$8.4B and total debt of NZ$2.2B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are NZ$11.3B and NZ$2.9B respectively. Auckland International Airport's EBIT is NZ$358.5M making its interest coverage ratio 5.9. It has cash and short-term investments of NZ$59.2M.
Key information
26.4%
Debt to equity ratio
NZ$2.23b
Debt
| Interest coverage ratio | 5.9x |
| Cash | NZ$59.20m |
| Equity | NZ$8.44b |
| Total liabilities | NZ$2.90b |
| Total assets | NZ$11.34b |
Recent financial health updates
Auckland International Airport (NZSE:AIA) Has A Pretty Healthy Balance Sheet
Dec 24
We Think Auckland International Airport (NZSE:AIA) Can Stay On Top Of Its Debt
Sep 20Does Auckland International Airport (NZSE:AIA) Have A Healthy Balance Sheet?
Apr 01Does Auckland International Airport (NZSE:AIA) Have A Healthy Balance Sheet?
Sep 20Is Auckland International Airport (NZSE:AIA) Using Too Much Debt?
Mar 31Is Auckland International Airport (NZSE:AIA) Using Too Much Debt?
Dec 20Recent updates
Auckland International Airport Limited's (NZSE:AIA) Price In Tune With Earnings
Apr 23Returns On Capital Signal Tricky Times Ahead For Auckland International Airport (NZSE:AIA)
Mar 19Auckland International Airport (NZSE:AIA) Has A Pretty Healthy Balance Sheet
Dec 24Auckland International Airport (NZSE:AIA) Will Want To Turn Around Its Return Trends
Dec 03We Think Auckland International Airport (NZSE:AIA) Can Stay On Top Of Its Debt
Sep 20Auckland International Airport (NZSE:AIA) Is Reinvesting At Lower Rates Of Return
Aug 17Auckland International Airport (NZSE:AIA) Will Be Hoping To Turn Its Returns On Capital Around
May 10Does Auckland International Airport (NZSE:AIA) Have A Healthy Balance Sheet?
Apr 01Is Auckland International Airport Limited (NZSE:AIA) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 14Here's What's Concerning About Auckland International Airport's (NZSE:AIA) Returns On Capital
Feb 03Estimating The Intrinsic Value Of Auckland International Airport Limited (NZSE:AIA)
Nov 25At NZ$7.71, Is Auckland International Airport Limited (NZSE:AIA) Worth Looking At Closely?
Nov 14Capital Allocation Trends At Auckland International Airport (NZSE:AIA) Aren't Ideal
Oct 19Does Auckland International Airport (NZSE:AIA) Have A Healthy Balance Sheet?
Sep 20Auckland International Airport Limited (NZSE:AIA) Shares Could Be 24% Below Their Intrinsic Value Estimate
Aug 24Should You Think About Buying Auckland International Airport Limited (NZSE:AIA) Now?
Aug 11Why Auckland International Airport Limited (NZSE:AIA) Could Be Worth Watching
Apr 27Is Auckland International Airport Limited (NZSE:AIA) Potentially Undervalued?
Jan 25Is There Now An Opportunity In Auckland International Airport Limited (NZSE:AIA)?
Oct 11The Consensus EPS Estimates For Auckland International Airport Limited (NZSE:AIA) Just Fell A Lot
Aug 20Auckland International Airport's (NZSE:AIA) Returns On Capital Not Reflecting Well On The Business
Jul 11Is Auckland International Airport (NZSE:AIA) Using Too Much Debt?
Mar 31Could The Auckland International Airport Limited (NZSE:AIA) Ownership Structure Tell Us Something Useful?
Mar 13Time To Worry? Analysts Are Downgrading Their Auckland International Airport Limited (NZSE:AIA) Outlook
Feb 23Is It Time To Consider Buying Auckland International Airport Limited (NZSE:AIA)?
Feb 19
What Do The Returns On Capital At Auckland International Airport (NZSE:AIA) Tell Us?
Feb 06If You Had Bought Auckland International Airport (NZSE:AIA) Shares Five Years Ago You'd Have Earned 34% Returns
Jan 25Are Auckland International Airport's (NZSE:AIA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 13Why Auckland International Airport's (NZSE:AIA) CEO Pay Matters
Jan 01Is Auckland International Airport (NZSE:AIA) Using Too Much Debt?
Dec 20Auckland International Airport Limited's (NZSE:AIA) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 10What You Need To Know About Auckland International Airport Limited's (NZSE:AIA) Investor Composition
Nov 29Should You Think About Buying Auckland International Airport Limited (NZSE:AIA) Now?
Nov 19Financial Position Analysis
Short Term Liabilities: AIA's short term assets (NZ$156.5M) do not cover its short term liabilities (NZ$567.1M).
Long Term Liabilities: AIA's short term assets (NZ$156.5M) do not cover its long term liabilities (NZ$2.3B).
Debt to Equity History and Analysis
Debt Level: AIA's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: AIA's debt to equity ratio has reduced from 38.4% to 26.4% over the past 5 years.
Debt Coverage: AIA's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: AIA's interest payments on its debt are well covered by EBIT (5.9x coverage).