Delta Air Lines Balance Sheet Health
Financial Health criteria checks 2/6
Delta Air Lines has a total shareholder equity of $12.4B and total debt of $17.9B, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are $75.2B and $62.8B respectively. Delta Air Lines's EBIT is $6.0B making its interest coverage ratio 7.5. It has cash and short-term investments of $4.2B.
Key information
144.4%
Debt to equity ratio
US$17.88b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$4.23b |
| Equity | US$12.39b |
| Total liabilities | US$62.81b |
| Total assets | US$75.20b |
Recent financial health updates
These 4 Measures Indicate That Delta Air Lines (NYSE:DAL) Is Using Debt Extensively
Jul 22
Is Delta Air Lines (NYSE:DAL) Using Too Much Debt?
Mar 31These 4 Measures Indicate That Delta Air Lines (NYSE:DAL) Is Using Debt Extensively
Dec 12Here's Why Delta Air Lines (NYSE:DAL) Has A Meaningful Debt Burden
Sep 04Is Delta Air Lines (NYSE:DAL) A Risky Investment?
Apr 24Recent updates
These 4 Measures Indicate That Delta Air Lines (NYSE:DAL) Is Using Debt Extensively
Jul 22Why Did Delta Air Lines Stock Fall?
Jul 15Is Delta Air Lines, Inc. (NYSE:DAL) Trading At A 34% Discount?
Jul 11Delta Air Lines: The Ultimate Contrarian Buy
Jul 03Should You Investigate Delta Air Lines, Inc. (NYSE:DAL) At US$49.38?
Jun 24Delta Air Lines: Upside Potential Still Exists At These Levels
Jun 21Payday Could Be Here For Delta Air Lines Investors
May 16Delta Air Lines, Inc.'s (NYSE:DAL) Price Is Right But Growth Is Lacking
May 05Delta Air Lines: Positives Outweigh The Risks
Apr 24Is Now The Time To Put Delta Air Lines (NYSE:DAL) On Your Watchlist?
Apr 23Delta Air Lines Stock Can Fly Higher
Apr 10Is Delta Air Lines (NYSE:DAL) Using Too Much Debt?
Mar 31Returns At Delta Air Lines (NYSE:DAL) Appear To Be Weighed Down
Mar 17Delta Air Lines: Buy On Macroeconomic Strength And Operational Advantage (Rating Upgrade)
Mar 16Delta Air Lines: Why I See The Stock Soaring Higher
Feb 15Delta Air Lines: Strong Tailwinds For The Long Term
Feb 07Delta Air Lines: Off To A Flying Start
Jan 14Is Now An Opportune Moment To Examine Delta Air Lines, Inc. (NYSE:DAL)?
Jan 09Delta Air Lines, Inc. (NYSE:DAL) Investors Are Less Pessimistic Than Expected
Dec 27These 4 Measures Indicate That Delta Air Lines (NYSE:DAL) Is Using Debt Extensively
Dec 12Delta Air Lines: Going Long With Earnings Surge And Travel Demand
Dec 08Is Now The Time To Put Delta Air Lines (NYSE:DAL) On Your Watchlist?
Nov 28The Returns At Delta Air Lines (NYSE:DAL) Aren't Growing
Nov 15Delta Air Lines: Value Play Or Value Trap?
Nov 07Delta Air Lines Is Still Head And Shoulders Above The Rest
Oct 24Delta Air Lines Stock: A Disastrous Buy With Upside
Oct 05Is There Now An Opportunity In Delta Air Lines, Inc. (NYSE:DAL)?
Oct 04Delta Air Lines: Input Cost Rising, Summer Travel Over
Sep 21Delta Air Lines: Downgrading To A Sell On Amplified Risks
Sep 15Here's Why Delta Air Lines (NYSE:DAL) Has A Meaningful Debt Burden
Sep 04Delta: The Market Is Underestimating The Company's Strong Fundamentals
Aug 15If EPS Growth Is Important To You, Delta Air Lines (NYSE:DAL) Presents An Opportunity
Aug 07Delta Air Lines: Headwinds Are Taking Shape (Rating Downgrade)
Aug 02Delta Air Lines, Inc.'s (NYSE:DAL) Intrinsic Value Is Potentially 59% Above Its Share Price
Jul 27Delta Air Lines Earnings: Flying Higher
Jul 13Delta Air Lines Proves It Is A High-Quality Investment
Jul 06Some Investors May Be Worried About Delta Air Lines' (NYSE:DAL) Returns On Capital
Jul 03Delta Air Lines Stock Surges On Future Supercycle Growth
Jun 28At US$42.79, Is It Time To Put Delta Air Lines, Inc. (NYSE:DAL) On Your Watch List?
Jun 19Delta Air Lines: Stock Likely To Rise From Strong Growth & Low Valuation
Jun 12Is Delta Air Lines (NYSE:DAL) A Risky Investment?
Apr 24Delta Air Lines (NYSE:DAL) May Have Issues Allocating Its Capital
Mar 27Financial Position Analysis
Short Term Liabilities: DAL's short term assets ($11.6B) do not cover its short term liabilities ($28.8B).
Long Term Liabilities: DAL's short term assets ($11.6B) do not cover its long term liabilities ($34.1B).
Debt to Equity History and Analysis
Debt Level: DAL's net debt to equity ratio (110.2%) is considered high.
Reducing Debt: DAL's debt to equity ratio has increased from 74.3% to 144.4% over the past 5 years.
Debt Coverage: DAL's debt is well covered by operating cash flow (36.2%).
Interest Coverage: DAL's interest payments on its debt are well covered by EBIT (7.5x coverage).