Singapore Airlines Balance Sheet Health
Financial Health criteria checks 4/6
Singapore Airlines has a total shareholder equity of SGD14.1B and total debt of SGD9.7B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are SGD41.0B and SGD26.8B respectively. Singapore Airlines's EBIT is SGD2.0B making its interest coverage ratio -12. It has cash and short-term investments of SGD10.6B.
Key information
68.9%
Debt to equity ratio
S$9.72b
Debt
| Interest coverage ratio | -12x |
| Cash | S$10.63b |
| Equity | S$14.11b |
| Total liabilities | S$26.84b |
| Total assets | S$40.96b |
Recent financial health updates
Does Singapore Airlines (SGX:C6L) Have A Healthy Balance Sheet?
Nov 30
Here's Why Singapore Airlines (SGX:C6L) Can Manage Its Debt Responsibly
Jun 10Recent updates
Does Singapore Airlines (SGX:C6L) Have A Healthy Balance Sheet?
Nov 30Earnings Miss: Singapore Airlines Limited Missed EPS By 48% And Analysts Are Revising Their Forecasts
Nov 12Investors Aren't Buying Singapore Airlines Limited's (SGX:C6L) Earnings
Nov 06Here's Why Singapore Airlines (SGX:C6L) Has Caught The Eye Of Investors
Aug 23Singapore Airlines (SGX:C6L) Is Paying Out A Larger Dividend Than Last Year
Jul 22There's No Escaping Singapore Airlines Limited's (SGX:C6L) Muted Earnings
Jun 24Here's Why Singapore Airlines (SGX:C6L) Can Manage Its Debt Responsibly
Jun 10Singapore 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 22Financial Position Analysis
Short Term Liabilities: C6L's short term assets (SGD12.7B) exceed its short term liabilities (SGD12.6B).
Long Term Liabilities: C6L's short term assets (SGD12.7B) do not cover its long term liabilities (SGD14.3B).
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 54.6% to 68.9% over the past 5 years.
Debt Coverage: C6L's debt is well covered by operating cash flow (45.5%).
Interest Coverage: C6L earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:45 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Singapore Airlines Limited is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null Research Department | AmInvestment Bank Berhad |
| Arnaud Bouchet | BNP Paribas Securities (Asia) |
| Nathan Gee | BofA Global Research |