Air France-KLM Balance Sheet Health
Financial Health criteria checks 1/6
Air France-KLM has a total shareholder equity of €141.0M and total debt of €8.6B, which brings its debt-to-equity ratio to 6107.1%. Its total assets and total liabilities are €34.7B and €34.6B respectively. Air France-KLM's EBIT is €1.4B making its interest coverage ratio 2.2. It has cash and short-term investments of €6.7B.
Key information
6,107.1%
Debt to equity ratio
€8.61b
Debt
Interest coverage ratio | 2.2x |
Cash | €6.73b |
Equity | €141.00m |
Total liabilities | €34.59b |
Total assets | €34.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFLY.Y's short term assets (€11.6B) do not cover its short term liabilities (€17.6B).
Long Term Liabilities: AFLY.Y's short term assets (€11.6B) do not cover its long term liabilities (€17.0B).
Debt to Equity History and Analysis
Debt Level: AFLY.Y's net debt to equity ratio (1337.6%) is considered high.
Reducing Debt: AFLY.Y's debt to equity ratio has increased from 355.1% to 6107.1% over the past 5 years.
Debt Coverage: AFLY.Y's debt is well covered by operating cash flow (24.4%).
Interest Coverage: AFLY.Y's interest payments on its debt are not well covered by EBIT (2.2x coverage).