China Airlines Balance Sheet Health
Financial Health criteria checks 4/6
China Airlines has a total shareholder equity of NT$77.5B and total debt of NT$51.5B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are NT$291.2B and NT$213.8B respectively. China Airlines's EBIT is NT$10.2B making its interest coverage ratio 12.6. It has cash and short-term investments of NT$34.7B.
Key information
66.4%
Debt to equity ratio
NT$51.46b
Debt
| Interest coverage ratio | 12.6x |
| Cash | NT$34.66b |
| Equity | NT$77.48b |
| Total liabilities | NT$213.76b |
| Total assets | NT$291.24b |
Recent financial health updates
These 4 Measures Indicate That China Airlines (TPE:2610) Is Using Debt Extensively
Apr 14
Is China Airlines (TPE:2610) Weighed On By Its Debt Load?
Dec 12Recent updates
Returns On Capital At China Airlines (TWSE:2610) Have Stalled
Feb 26These 4 Measures Indicate That China Airlines (TPE:2610) Is Using Debt Extensively
Apr 14Investors Who Bought China Airlines (TPE:2610) Shares A Year Ago Are Now Up 74%
Mar 01How Much Of China Airlines, Ltd. (TPE:2610) Do Institutions Own?
Feb 03Is China Airlines, Ltd. (TPE:2610) An Attractive Dividend Stock?
Jan 07Is China Airlines (TPE:2610) Weighed On By Its Debt Load?
Dec 12Financial Position Analysis
Short Term Liabilities: 2610's short term assets (NT$69.7B) do not cover its short term liabilities (NT$90.0B).
Long Term Liabilities: 2610's short term assets (NT$69.7B) do not cover its long term liabilities (NT$123.7B).
Debt to Equity History and Analysis
Debt Level: 2610's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 2610's debt to equity ratio has reduced from 182% to 66.4% over the past 5 years.
Debt Coverage: 2610's debt is well covered by operating cash flow (108.5%).
Interest Coverage: 2610's interest payments on its debt are well covered by EBIT (12.6x coverage).