Alaska Air Group Balance Sheet Health
Financial Health criteria checks 3/6
Alaska Air Group has a total shareholder equity of $4.1B and total debt of $2.5B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are $14.6B and $10.5B respectively. Alaska Air Group's EBIT is $818.0M making its interest coverage ratio 58.4. It has cash and short-term investments of $1.8B.
Key information
60.1%
Debt to equity ratio
US$2.47b
Debt
| Interest coverage ratio | 58.4x |
| Cash | US$1.80b |
| Equity | US$4.11b |
| Total liabilities | US$10.50b |
| Total assets | US$14.61b |
Recent financial health updates
We Think Alaska Air Group (NYSE:ALK) Is Taking Some Risk With Its Debt
Mar 26
Is Alaska Air Group (NYSE:ALK) A Risky Investment?
Nov 30Alaska Air Group (NYSE:ALK) Seems To Be Using A Lot Of Debt
Aug 27These 4 Measures Indicate That Alaska Air Group (NYSE:ALK) Is Using Debt Reasonably Well
May 10These 4 Measures Indicate That Alaska Air Group (NYSE:ALK) Is Using Debt Extensively
Feb 06Does Alaska Air Group (NYSE:ALK) Have A Healthy Balance Sheet?
Oct 10Recent updates
Alaska Air Group Earnings Preview: Look Past An Ugly Quarter
Apr 16We Think Alaska Air Group (NYSE:ALK) Is Taking Some Risk With Its Debt
Mar 26Is It Too Late To Consider Buying Alaska Air Group, Inc. (NYSE:ALK)?
Mar 10Alaska Air Group: Short-Term Issues Don't Affect Growth Prospects
Feb 28Alaska Air: Navigating The Opportunities And Risks
Feb 03We Think Alaska Air Group's (NYSE:ALK) Profit Is Only A Baseline For What They Can Achieve
Feb 01Alaska Airlines Earnings Soar Despite Boeing 737 MAX 9 Headwinds
Jan 26Alaska Air Group, Inc.'s (NYSE:ALK) Earnings Haven't Escaped The Attention Of Investors
Jan 26Airline Merger: Alaska Airlines To Buy Hawaiian Airlines At Mega Premium
Dec 04Is Alaska Air Group (NYSE:ALK) A Risky Investment?
Nov 30Alaska Air Group: Facing Medium-Term Headwinds But Still A Good Investment Choice
Nov 27Is It Too Late To Consider Buying Alaska Air Group, Inc. (NYSE:ALK)?
Nov 15Alaska Airlines: Flying Into A Troubled Market Forcing Rating Downgrade
Oct 22Alaska Air Group (NYSE:ALK) Will Want To Turn Around Its Return Trends
Oct 16Alaska Airlines Faces Industry Headwinds
Sep 19Alaska Air Group (NYSE:ALK) Seems To Be Using A Lot Of Debt
Aug 27Why Alaska Air Group, Inc. (NYSE:ALK) Could Be Worth Watching
Aug 12Alaska Air Stock: Still A Strong Buy Ahead Of Earnings
Jul 21Alaska Air Group (NYSE:ALK) Could Be Struggling To Allocate Capital
Jul 08Alaska Airlines Flying Under The Radar: Best-Of-Breed Bargain
Jul 06These 4 Measures Indicate That Alaska Air Group (NYSE:ALK) Is Using Debt Reasonably Well
May 10Alaska Air Group (NYSE:ALK) Could Be Struggling To Allocate Capital
Mar 14Alaska Air To Benefit From Fleet Modernization
Feb 16These 4 Measures Indicate That Alaska Air Group (NYSE:ALK) Is Using Debt Extensively
Feb 06Alaska Air Non-GAAP EPS of $0.92 misses by $0.01, revenue of $2.48B misses by $30M
Jan 26Alaska Air Stock: Tremendous Upside In 2023
Dec 15Returns On Capital At Alaska Air Group (NYSE:ALK) Paint A Concerning Picture
Dec 11Alaska Air Group: A Season Of Cost Inflation Is Still Ahead
Dec 07Alaska Airlines places biggest Boeing 737 MAX aircrafts order in history
Oct 26Alaska Air Q3 2022 Earnings Preview
Oct 19Does Alaska Air Group (NYSE:ALK) Have A Healthy Balance Sheet?
Oct 10Alaska Air Group: Rough Winds Ahead
Sep 15Alaska Air Group (NYSE:ALK) Will Be Hoping To Turn Its Returns On Capital Around
Jul 30Alaska Air orders eight new E175 aircraft for operation with Horizon Air
Jul 19Should You Think About Buying Alaska Air Group, Inc. (NYSE:ALK) Now?
Jul 12Alaska Air Group - A Brilliant Bet On The US Aviation Industry
Jul 07Capital Allocation Trends At Alaska Air Group (NYSE:ALK) Aren't Ideal
Apr 30Alaska Air Group Poised To Regain Financial Leadership
Apr 27Alaska Airlines: Boeing Wins With Bigger MAX
Mar 23Is Alaska Air Group (NYSE:ALK) Weighed On By Its Debt Load?
Mar 15Financial Position Analysis
Short Term Liabilities: ALK's short term assets ($2.7B) do not cover its short term liabilities ($4.5B).
Long Term Liabilities: ALK's short term assets ($2.7B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: ALK's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: ALK's debt to equity ratio has increased from 56.3% to 60.1% over the past 5 years.
Debt Coverage: ALK's debt is well covered by operating cash flow (42.5%).
Interest Coverage: ALK's interest payments on its debt are well covered by EBIT (58.4x coverage).