Air New Zealand Financial Health

Short Term Liabilities: AIR's short term assets (NZ$2.5B) do not cover its short term liabilities (NZ$3.2B).

Long Term Liabilities: AIR's short term assets (NZ$2.5B) do not cover its long term liabilities (NZ$3.5B).

Debt Level: AIR's net debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: AIR's debt to equity ratio has increased from 65.1% to 109.9% over the past 5 years.

Debt Coverage: AIR's debt is well covered by operating cash flow (29.8%).

Interest Coverage: Insufficient data to determine if AIR's interest payments on its debt are well covered by EBIT.

• Healthy companies in the Transportation industry.