Singapore Airlines Balance Sheet Health
Financial Health criteria checks 5/6
Singapore Airlines has a total shareholder equity of SGD17.7B and total debt of SGD10.6B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are SGD46.7B and SGD28.9B respectively. Singapore Airlines's EBIT is SGD3.0B making its interest coverage ratio -13.9. It has cash and short-term investments of SGD14.2B.
Key information
60.0%
Debt to equity ratio
S$10.64b
Debt
| Interest coverage ratio | -13.9x |
| Cash | S$14.22b |
| Equity | S$17.73b |
| Total liabilities | S$28.92b |
| Total assets | S$46.66b |
Recent financial health updates
These 4 Measures Indicate That Singapore Airlines (SGX:C6L) Is Using Debt Safely
Dec 11
Is Singapore Airlines (SGX:C6L) Using Too Much Debt?
Jul 14Singapore Airlines (SGX:C6L) Seems To Use Debt Quite Sensibly
Feb 06Is Singapore Airlines (SGX:C6L) Weighed On By Its Debt Load?
Jun 13Does Singapore Airlines (SGX:C6L) Have A Healthy Balance Sheet?
Mar 07Is Singapore Airlines (SGX:C6L) Weighed On By Its Debt Load?
Jun 18Recent updates
Singapore Airlines Limited's (SGX:C6L) Business Is Trailing The Market But Its Shares Aren't
Mar 19At S$7.32, Is It Time To Put Singapore Airlines Limited (SGX:C6L) On Your Watch List?
Feb 19Returns Are Gaining Momentum At Singapore Airlines (SGX:C6L)
Feb 05With EPS Growth And More, Singapore Airlines (SGX:C6L) Makes An Interesting Case
Jan 22These 4 Measures Indicate That Singapore Airlines (SGX:C6L) Is Using Debt Safely
Dec 11Singapore Airlines (SGX:C6L) Has Announced A Dividend Of SGD0.10
Nov 09Returns On Capital At Singapore Airlines (SGX:C6L) Have Stalled
Nov 06What Is Singapore Airlines Limited's (SGX:C6L) Share Price Doing?
Sep 16Singapore Airlines (SGX:C6L) Has Some Way To Go To Become A Multi-Bagger
Aug 07Is Singapore Airlines (SGX:C6L) Using Too Much Debt?
Jul 14Is Now An Opportune Moment To Examine Singapore Airlines Limited (SGX:C6L)?
Jun 08Be Wary Of Singapore Airlines (SGX:C6L) And Its Returns On Capital
Apr 17Is It Too Late To Consider Buying Singapore Airlines Limited (SGX:C6L)?
Feb 28Singapore Airlines (SGX:C6L) Seems To Use Debt Quite Sensibly
Feb 06Capital Allocation Trends At Singapore Airlines (SGX:C6L) Aren't Ideal
Jan 16Singapore Airlines' (SGX:C6L) Robust Earnings Are Supported By Other Strong Factors
Nov 11When Should You Buy Singapore Airlines Limited (SGX:C6L)?
Nov 06Forecast: Analysts Think Singapore Airlines Limited's (SGX:C6L) Business Prospects Have Improved Drastically
Aug 01Is Singapore Airlines (SGX:C6L) Weighed On By Its Debt Load?
Jun 13Does Singapore Airlines (SGX:C6L) Have A Healthy Balance Sheet?
Mar 07Is Singapore Airlines (SGX:C6L) Weighed On By Its Debt Load?
Jun 18Is Singapore Airlines (SGX:C6L) A Risky Investment?
Dec 10Financial Position Analysis
Short Term Liabilities: C6L's short term assets (SGD17.3B) exceed its short term liabilities (SGD14.0B).
Long Term Liabilities: C6L's short term assets (SGD17.3B) exceed its long term liabilities (SGD14.9B).
Debt to Equity History and Analysis
Debt Level: C6L has more cash than its total debt.
Reducing Debt: C6L's debt to equity ratio has increased from 31.1% to 60% over the past 5 years.
Debt Coverage: C6L's debt is well covered by operating cash flow (63.7%).
Interest Coverage: C6L earns more interest than it pays, so coverage of interest payments is not a concern.