Ryanair Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ryanair Holdings has a total shareholder equity of €7.8B and total debt of €2.6B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are €18.0B and €10.2B respectively. Ryanair Holdings's EBIT is €1.7B making its interest coverage ratio -23.9. It has cash and short-term investments of €4.5B.
Key information
32.9%
Debt to equity ratio
€2.58b
Debt
| Interest coverage ratio | -23.9x |
| Cash | €4.48b |
| Equity | €7.83b |
| Total liabilities | €10.19b |
| Total assets | €18.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYAO.F's short term assets (€6.5B) do not cover its short term liabilities (€7.0B).
Long Term Liabilities: RYAO.F's short term assets (€6.5B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: RYAO.F has more cash than its total debt.
Reducing Debt: RYAO.F's debt to equity ratio has reduced from 81.7% to 32.9% over the past 5 years.
Debt Coverage: RYAO.F's debt is well covered by operating cash flow (117.6%).
Interest Coverage: RYAO.F earns more interest than it pays, so coverage of interest payments is not a concern.