Wizz Air Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Wizz Air Holdings has a total shareholder equity of €225.5M and total debt of €5.6B, which brings its debt-to-equity ratio to 2493.3%. Its total assets and total liabilities are €7.9B and €7.6B respectively.
Key information
2,493.3%
Debt to equity ratio
€5.62b
Debt
Interest coverage ratio | n/a |
Cash | €1.73b |
Equity | €225.50m |
Total liabilities | €7.65b |
Total assets | €7.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WZZA.F's short term assets (€2.6B) do not cover its short term liabilities (€2.9B).
Long Term Liabilities: WZZA.F's short term assets (€2.6B) do not cover its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: WZZA.F's net debt to equity ratio (1724.8%) is considered high.
Reducing Debt: WZZA.F's debt to equity ratio has increased from 2% to 2493.3% over the past 5 years.
Debt Coverage: WZZA.F's debt is not well covered by operating cash flow (12%).
Interest Coverage: Insufficient data to determine if WZZA.F's interest payments on its debt are well covered by EBIT.