Singapore Airlines Balance Sheet Health
Financial Health criteria checks 5/6
Singapore Airlines has a total shareholder equity of SGD16.7B and total debt of SGD9.7B, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are SGD44.3B and SGD27.5B respectively. Singapore Airlines's EBIT is SGD2.8B making its interest coverage ratio -12.9. It has cash and short-term investments of SGD12.7B.
Key information
57.6%
Debt to equity ratio
S$9.65b
Debt
Interest coverage ratio | -12.9x |
Cash | S$12.66b |
Equity | S$16.74b |
Total liabilities | S$27.52b |
Total assets | S$44.26b |
Recent financial health updates
Here's Why Singapore Airlines (SGX:C6L) Can Manage Its Debt Responsibly
Jun 10These 4 Measures Indicate That Singapore Airlines (SGX:C6L) Is Using Debt Safely
Dec 11Is 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 07Recent updates
There'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 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 (SGD15.6B) exceed its short term liabilities (SGD12.7B).
Long Term Liabilities: C6L's short term assets (SGD15.6B) exceed its long term liabilities (SGD14.8B).
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 48.8% to 57.6% over the past 5 years.
Debt Coverage: C6L's debt is well covered by operating cash flow (52.4%).
Interest Coverage: C6L earns more interest than it pays, so coverage of interest payments is not a concern.