El Al Israel Airlines Balance Sheet Health
Financial Health criteria checks 4/6
El Al Israel Airlines has a total shareholder equity of $200.5M and total debt of $958.1M, which brings its debt-to-equity ratio to 477.9%. Its total assets and total liabilities are $4.0B and $3.8B respectively. El Al Israel Airlines's EBIT is $491.5M making its interest coverage ratio 4.1. It has cash and short-term investments of $1.1B.
Key information
477.9%
Debt to equity ratio
US$958.10m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$1.10b |
| Equity | US$200.50m |
| Total liabilities | US$3.80b |
| Total assets | US$4.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELAL.F's short term assets ($1.5B) do not cover its short term liabilities ($1.9B).
Long Term Liabilities: ELAL.F's short term assets ($1.5B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: ELAL.F has more cash than its total debt.
Reducing Debt: ELAL.F's debt to equity ratio has reduced from 586.4% to 477.9% over the past 5 years.
Debt Coverage: ELAL.F's debt is well covered by operating cash flow (108%).
Interest Coverage: ELAL.F's interest payments on its debt are well covered by EBIT (4.1x coverage).