China Airlines Balance Sheet Health
Financial Health criteria checks 5/6
China Airlines has a total shareholder equity of NT$86.5B and total debt of NT$75.5B, which brings its debt-to-equity ratio to 87.3%. Its total assets and total liabilities are NT$311.0B and NT$224.5B respectively. China Airlines's EBIT is NT$14.4B making its interest coverage ratio 27.1. It has cash and short-term investments of NT$52.9B.
Key information
87.3%
Debt to equity ratio
NT$75.52b
Debt
| Interest coverage ratio | 27.1x |
| Cash | NT$52.94b |
| Equity | NT$86.51b |
| Total liabilities | NT$224.49b |
| Total assets | NT$311.00b |
Recent financial health updates
These 4 Measures Indicate That China Airlines (TWSE:2610) Is Using Debt Reasonably Well
Sep 17
We Think China Airlines (TWSE:2610) Can Stay On Top Of Its Debt
May 28Recent updates
Shareholders Will Be Pleased With The Quality of China Airlines' (TWSE:2610) Earnings
Nov 26Investors Aren't Buying China Airlines, Ltd.'s (TWSE:2610) Earnings
Oct 06These 4 Measures Indicate That China Airlines (TWSE:2610) Is Using Debt Reasonably Well
Sep 17Returns On Capital Are Showing Encouraging Signs At China Airlines (TWSE:2610)
Aug 30China Airlines (TWSE:2610) Is Paying Out A Larger Dividend Than Last Year
Jul 12China Airlines' (TWSE:2610) Dividend Will Be Increased To NT$0.6902
Jun 23We Think China Airlines (TWSE:2610) Can Stay On Top Of Its Debt
May 28We Think China Airlines' (TWSE:2610) Profit Is Only A Baseline For What They Can Achieve
May 27Returns On Capital At China Airlines (TWSE:2610) Have Stalled
Feb 26Financial Position Analysis
Short Term Liabilities: 2610's short term assets (NT$84.8B) exceed its short term liabilities (NT$82.6B).
Long Term Liabilities: 2610's short term assets (NT$84.8B) do not cover its long term liabilities (NT$141.8B).
Debt to Equity History and Analysis
Debt Level: 2610's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 2610's debt to equity ratio has reduced from 168.8% to 87.3% over the past 5 years.
Debt Coverage: 2610's debt is well covered by operating cash flow (63.4%).
Interest Coverage: 2610's interest payments on its debt are well covered by EBIT (27.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
China Airlines, Ltd. is covered by 17 analysts. 6 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 |
|---|---|
| Nathan Gee | BofA Global Research |
| Kaseedit Choonnawat | Citigroup Inc |
| Kuan-Chun Chen | CLSA |