Singapore Airlines Balance Sheet Health
Financial Health criteria checks 5/6
Singapore Airlines has a total shareholder equity of SGD17.7B and total debt of SGD10.6B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are SGD46.7B and SGD28.9B respectively. Singapore Airlines's EBIT is SGD3.0B making its interest coverage ratio -13.9. It has cash and short-term investments of SGD14.2B.
Key information
60.0%
Debt to equity ratio
S$10.64b
Debt
Interest coverage ratio | -13.9x |
Cash | S$14.22b |
Equity | S$17.73b |
Total liabilities | S$28.92b |
Total assets | S$46.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SING.Y's short term assets (SGD17.3B) exceed its short term liabilities (SGD14.0B).
Long Term Liabilities: SING.Y's short term assets (SGD17.3B) exceed its long term liabilities (SGD14.9B).
Debt to Equity History and Analysis
Debt Level: SING.Y has more cash than its total debt.
Reducing Debt: SING.Y's debt to equity ratio has increased from 31.1% to 60% over the past 5 years.
Debt Coverage: SING.Y's debt is well covered by operating cash flow (63.7%).
Interest Coverage: SING.Y earns more interest than it pays, so coverage of interest payments is not a concern.