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 58%. 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
58.0%
Debt to equity ratio
S$9.70b
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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIA19's short term assets (SGD15.6B) exceed its short term liabilities (SGD12.7B).
Long Term Liabilities: SIA19's short term assets (SGD15.6B) exceed its long term liabilities (SGD14.8B).
Debt to Equity History and Analysis
Debt Level: SIA19 has more cash than its total debt.
Reducing Debt: SIA19's debt to equity ratio has increased from 48.8% to 58% over the past 5 years.
Debt Coverage: SIA19's debt is well covered by operating cash flow (52.1%).
Interest Coverage: SIA19 earns more interest than it pays, so coverage of interest payments is not a concern.