Copa Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Copa Holdings has a total shareholder equity of $2.1B and total debt of $1.5B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are $5.2B and $3.1B respectively. Copa Holdings's EBIT is $811.8M making its interest coverage ratio 7.5. It has cash and short-term investments of $915.2M.
Key information
68.8%
Debt to equity ratio
US$1.46b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$915.18m |
| Equity | US$2.13b |
| Total liabilities | US$3.07b |
| Total assets | US$5.20b |
Recent financial health updates
Does Copa Holdings (NYSE:CPA) Have A Healthy Balance Sheet?
Jan 25
These 4 Measures Indicate That Copa Holdings (NYSE:CPA) Is Using Debt Reasonably Well
Oct 02Here's Why Copa Holdings (NYSE:CPA) Can Manage Its Debt Responsibly
Jul 03Copa Holdings (NYSE:CPA) Seems To Use Debt Quite Sensibly
Mar 11Is Copa Holdings (NYSE:CPA) Using Too Much Debt?
Dec 04We Think Copa Holdings (NYSE:CPA) Can Stay On Top Of Its Debt
Jul 26Recent updates
Returns on Capital Paint A Bright Future For Copa Holdings (NYSE:CPA)
Apr 11Copa Holdings: Risks And Upside Present, But Valuation Completely Misaligned
Mar 26Copa Holdings Is Bafflingly Undervalued
Mar 13Shareholders Can Be Confident That Copa Holdings' (NYSE:CPA) Earnings Are High Quality
Feb 14Does Copa Holdings (NYSE:CPA) Have A Healthy Balance Sheet?
Jan 25Investors Shouldn't Overlook Copa Holdings' (NYSE:CPA) Impressive Returns On Capital
Jan 06Copa Holdings' Fundamentals Continue To Fly Higher
Dec 22Is There An Opportunity With Copa Holdings, S.A.'s (NYSE:CPA) 46% Undervaluation?
Dec 21Copa Holdings: Underfollowed, Underappreciated, Undervalued
Nov 27At US$87.27, Is Copa Holdings, S.A. (NYSE:CPA) Worth Looking At Closely?
Nov 08Is Copa Airlines Still A Top Growth Stock With Big Potential?
Oct 18These 4 Measures Indicate That Copa Holdings (NYSE:CPA) Is Using Debt Reasonably Well
Oct 02Copa Holdings (NYSE:CPA) Is Achieving High Returns On Its Capital
Sep 11Copa Holdings: A Continuation Of Opportunity, Reiterate Buy
Aug 23What Does Copa Holdings, S.A.'s (NYSE:CPA) Share Price Indicate?
Aug 02Why It's Not Too Late To Get On Board With Copa Holdings
Aug 01Here's Why Copa Holdings (NYSE:CPA) Can Manage Its Debt Responsibly
Jul 03A Look At The Fair Value Of Copa Holdings, S.A. (NYSE:CPA)
Jun 16Copa Holdings: Achieving Stable Annual Return With Potential For Further Expansion
Jun 06Copa Holdings (NYSE:CPA) Has Some Way To Go To Become A Multi-Bagger
May 31What Does Copa Holdings, S.A.'s (NYSE:CPA) Share Price Indicate?
Apr 23Copa Holdings (NYSE:CPA) Seems To Use Debt Quite Sensibly
Mar 11Copa Continues To Excel, But The Macro Environment Has Some Challenges
Feb 21Copa traffic up 1.3% in January 2023
Feb 14Copa Holdings (NYSE:CPA) Has Some Way To Go To Become A Multi-Bagger
Jan 16Copa Holdings traffic rises 7.7% in Dec
Jan 11Copa Holdings: Developing Market Potential, Developed Market Risk Profile
Dec 14Is Copa Holdings (NYSE:CPA) Using Too Much Debt?
Dec 04Copa Holdings Q3 2022 Earnings Preview
Nov 15Should You Investigate Copa Holdings, S.A. (NYSE:CPA) At US$75.69?
Nov 10Copa says September capacity, traffic and load factor rose vs. pre-pandemic levels
Oct 11Copa Holdings, S.A. (NYSE:CPA) Shares Could Be 30% Above Their Intrinsic Value Estimate
Sep 25Copa Holdings Has Become Interesting
Sep 23Copa Holdings passenger traffic gains 2% for Aug. vs. Aug. 2019
Sep 13The Returns At Copa Holdings (NYSE:CPA) Aren't Growing
Sep 07Copa Holdings traffic down ~3% in July vs. July 2019
Aug 12We Think Copa Holdings (NYSE:CPA) Can Stay On Top Of Its Debt
Jul 26Copa Holdings reports 3.4% decline in June's passenger traffic from pre-pandemic level
Jul 13Is It Time To Consider Buying Copa Holdings, S.A. (NYSE:CPA)?
Jul 05Copa approves share repurchase program expansion by $100M
Jun 29Copa Airlines: A Challenging Buy, But Business Travel Recovery May Help
Jun 02Returns On Capital At Copa Holdings (NYSE:CPA) Have Hit The Brakes
May 21Copa Holdings (NYSE:CPA) Has A Somewhat Strained Balance Sheet
Apr 07Is It Time To Consider Buying Copa Holdings, S.A. (NYSE:CPA)?
Mar 10Copa Holdings Firmly Back On A Recovery Flightpath
Feb 25Returns On Capital Signal Difficult Times Ahead For Copa Holdings (NYSE:CPA)
Feb 12Financial Position Analysis
Short Term Liabilities: CPA's short term assets ($1.3B) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: CPA's short term assets ($1.3B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: CPA's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: CPA's debt to equity ratio has reduced from 71.6% to 68.8% over the past 5 years.
Debt Coverage: CPA's debt is well covered by operating cash flow (69.8%).
Interest Coverage: CPA's interest payments on its debt are well covered by EBIT (7.5x coverage).