El Al Israel Airlines Balance Sheet Health
Financial Health criteria checks 1/6
El Al Israel Airlines has a total shareholder equity of $-209.2M and total debt of $1.1B, which brings its debt-to-equity ratio to -527.2%. Its total assets and total liabilities are $3.3B and $3.5B respectively. El Al Israel Airlines's EBIT is $267.3M making its interest coverage ratio 1.9. It has cash and short-term investments of $421.7M.
Key information
-527.2%
Debt to equity ratio
US$1.10b
Debt
Interest coverage ratio | 1.9x |
Cash | US$421.70m |
Equity | -US$209.20m |
Total liabilities | US$3.53b |
Total assets | US$3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELAL.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ELAL.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ELAL.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ELAL.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ELAL.F's debt is well covered by operating cash flow (41.3%).
Interest Coverage: ELAL.F's interest payments on its debt are not well covered by EBIT (1.9x coverage).