China Southern Airlines Balance Sheet Health
Financial Health criteria checks 1/6
China Southern Airlines has a total shareholder equity of CN¥66.1B and total debt of CN¥131.3B, which brings its debt-to-equity ratio to 198.6%. Its total assets and total liabilities are CN¥309.8B and CN¥243.7B respectively.
Key information
198.6%
Debt to equity ratio
CN¥131.28b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.20b |
| Equity | CN¥66.09b |
| Total liabilities | CN¥243.71b |
| Total assets | CN¥309.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ZNHY.Y's short term assets (CN¥29.6B) do not cover its short term liabilities (CN¥120.3B).
Long Term Liabilities: ZNHY.Y's short term assets (CN¥29.6B) do not cover its long term liabilities (CN¥123.4B).
Debt to Equity History and Analysis
Debt Level: ZNHY.Y's net debt to equity ratio (175.7%) is considered high.
Reducing Debt: ZNHY.Y's debt to equity ratio has increased from 83.1% to 198.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZNHY.Y has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZNHY.Y has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.