Singapore Airlines Balance Sheet Health
Financial Health criteria checks 4/6
Singapore Airlines has a total shareholder equity of SGD14.1B and total debt of SGD9.7B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are SGD41.0B and SGD26.8B respectively. Singapore Airlines's EBIT is SGD2.0B making its interest coverage ratio -12. It has cash and short-term investments of SGD10.6B.
Key information
68.9%
Debt to equity ratio
S$9.72b
Debt
| Interest coverage ratio | -12x |
| Cash | S$10.63b |
| Equity | S$14.11b |
| Total liabilities | S$26.84b |
| Total assets | S$40.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SING.F's short term assets (SGD12.7B) exceed its short term liabilities (SGD12.6B).
Long Term Liabilities: SING.F's short term assets (SGD12.7B) do not cover its long term liabilities (SGD14.3B).
Debt to Equity History and Analysis
Debt Level: SING.F has more cash than its total debt.
Reducing Debt: SING.F's debt to equity ratio has increased from 54.6% to 68.9% over the past 5 years.
Debt Coverage: SING.F's debt is well covered by operating cash flow (45.5%).
Interest Coverage: SING.F earns more interest than it pays, so coverage of interest payments is not a concern.