CSIMarket Company Name, Ticker, Competitors, else..
 



<< Back to Financial Strength by Company within Airline Industry

Airline Industry Financial Strength Information
Financial Strength Information & Trends  
 


Category:   Period:  

Airline Industry 2 Q 1 Q 4 Q 3 Q 2 Q
  2023 2023 2022 2022 2022
Quick Ratio (TTM) 0.59 0.62 0.62 0.75 0.82
Quick Ratio Ranking # 29 # 26 # 31 # 26 # 18
Working Capital Ratio (TTM) 0.81 0.85 0.86 0.97 1.04
Working Capital Ratio Ranking # 95 # 95 # 97 # 90 # 84
Working Capital Per Revenue - - - - 0.02
Working Capital Per Revenue Ranking # 6 # 6 # 7 # 18 # 30
Leverage Ratio (TTM) 8.63 8.21 15.08 11.22 11.52
Leverage Ratio Ranking # 96 # 94 # 93 # 93 # 105
Total Debt to Equity (TTM) 3.61 3.43 6.1 4.76 5.11
Total Debt to Equity Ranking # 100 # 100 # 95 # 103 # 106
Interest Coverage (TTM) - - 79.42 - -
Interest Coverage Ranking # 104 # 105 # 107 # 100 # 108
Debt Coverage (TTM) 0.16 0.13 0.09 0.04 0.03
Debt Coverage Ranking # 90 # 92 # 93 # 99 # 102

New: More Airline Industry historic financial strength information >>

Quick Ratio Comment
On the trailing twelve months basis Due to increase in Current Liabilities in the 2 Q 2023, Quick Ratio fell to 0.59 above Airline Industry average.



Within Transportation sector, Airline Industry achieved the highest Quick Ratio. Quick Ratio total ranking fell in contrast to the previous quarter from 26 to 29.

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.

Quick Ratio Statistics as of 2 Q 2023
High Average Low
1.09 0.52 0.25
1. quarter 2016   4. quarter 2019

Quick Ratio Industry Ranking
Within: No.
Sector # 1
Overall # 29


Other Quick Ratios
Compare Industry's quick ratio to Egio's or S&P Constituent list of Airline Industry
Highest Ranking Quick Ratios Lowest Ranking Quick Ratios
Quick Ratios for EGIO's Competitors Definiton of Quick Ratio


Airline Industry Working Capital Ratio Statistics as of 2 Q 2023
 



Working Capital Ratio Statistics as of 2 Q 2023
High Average Low
1.15 0.75 0.49
1. quarter 2022   4. quarter 2019



Working Capital Ratio Comment
On the trailing twelve months basis Due to increase in Current Liabilities in the 2 Q 2023, Working Capital Ratio fell to 0.81 above Airline Industry average.



Within Transportation sector 4 other industries have achieved higher Working Capital Ratio. Total ranking remained unchanged from the previous quarter at no. 95.



Working Capital Ratio Industry Ranking
Within: No.
Sector # 5
Overall # 95

Other Working Capital Ratios
Highest Ranking Working Capital Ratios Lowest Ranking Working Capital Ratios
Compare Industry's Working Capital ratio to Egio's or S&P Constituent list of Airline Industry
Working Capital ratios for EGIO's Competitors Definiton of Working Capital Ratio

Airline Industry Working Capital Per Revenue Statistics as of 2 Q 2023
 
Working Capital Per Revenue Comment
On the trailing twelve months basis



Within Transportation sector, Airline Industry achieved lowest Working Capital Per Revenue. Total ranking remained the same like in the preceding quarter at no. 6.




Working Capital Per Revenue Statistics as of 2 Q 2023
High Average Low
0.14 -0.09 -0.22
2. quarter 2021   4. quarter 2019


Working Capital Per Revenue Industry Ranking
Within: No.
Sector # 1
Overall # 6



Other Working Capital Per Revenue
Compare Industry's Working Capital Per Revenue to Egio's or S&P Constituent list of Airline Industry
Return On Assets for Airline Industry Definiton of Working Capital Per Revenue



Airline Industry Leverage Ratio Statistics as of 2 Q 2023
 


Leverage Ratio Statistics as of 2 Q 2023
High Average Low
15.08 5.29 1.02
4. quarter 2022   1. quarter 2016



Leverage Ratio Comment
Despite repayements of liabilities of -1.04%, in 2 Q 2023, Liabilities to Equity ratio detoriated to 8.63, above Industry average.



Among other Industries in the Transportation sector 4 other industries have achieved lower Leverage Ratio.



Leverage Ratio overall ranking has fallen relative to the prior quarter from 94 to 96.



Leverage Ratio Industry Ranking
Within: No.
Sector # 5
Overall # 96

Other Leverage Ratios
Compare Industry's Leverage ratio to Egio's or S&P Bond Interest rates
Highest Ranking Leverage Ratios Lowest Ranking Leverage Ratios
Leverage Ratios for EGIO's Competitors What is Leverage Ratio?


Airline Industry Total Debt to Equity Ratio Statistics as of 2 Q 2023
 
Debt to Equity Ratio Comment
Despite debt repayement of -2.34%, in 2 Q 2023 ,Total Debt to Equity detoriated to 3.61 in the 2 Q 2023, above Industry average.



Within Transportation sector 4 other industries have achieved lower Debt to Equity Ratio. Total ranking remained the same like in the preceding quarter at no. 100.




Debt to Equity Ratio Statistics as of 2 Q 2023
High Average Low
6.1 0.94 0.11
4. quarter 2022   1. quarter 2019



Debt to Equity Industry Ranking
Within: No.
Sector # 5
Overall # 100

Other Debt to Equity Ratios
Highest Ranking Debt to Equity Ratios Lowest Ranking Debt to Equity Ratios
Compare Industry's Debt to Equity ratio to Egio's or S&P Definiton of Debt to Equity Ratio

Airline Industry Interest Coverage Ratio Statistics as of 2 Q 2023
 


Interest Coverage Ratio Statistics as of 2 Q 2023
High Average Low
180.4 -9.34 -1111.04
1. quarter 2019   4. quarter 2020

Interest Coverage Ratio Comment
On the trailing twelve months basis interest expenses decreased faster than Industry's ebitda, this led to improvement in Industry's Interest Coverage Ratio to 100 , above Airline Industry average Interest Coverage Ratio.



In the Transportation sector 4 other industries have accomplished higher Interest Coverage Ratio. Interest Coverage total ranking has improved so far to 104, from total ranking in previous quarter at 105.



Interest Coverage Ratio Industry Ranking
Within: No.
Sector # 5
Overall # 104

Other Interest Coverage Ratios
Highest Ranking Interest Coverage Ratios Lowest Ranking Interest Coverage Ratios
Compare Industry's Interest Coverage ratio to Egio's or S&P Definiton of Interest Coverage Ratio


Airline Industry Debt Coverage Statistics as of 2 Q 2023
 
Debt Coverage Ratio Comment
On the trailing twelve months basis Airline Industry's ebitda grew by 22.03 % in 2 Q 2023 sequentially, while total debt decreased, this led to improvement in Industry's Debt Coverage Ratio to 0.16 , Debt Coverage Ratio remained below Airline Industry average.



Looking into Transportation sector 3 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has improved to 90, from total ranking in previous quarter at 92.




Debt Coverage Statistics as of 2 Q 2023
High Average Low
5.3 1.64 -3.43
3. quarter 2015   1. quarter 2021



Debt Coverage Industry Ranking
Within: No.
Sector # 4
Overall # 90

Other Debt Coverage Ratios
Highest Ranking Debt Coverage Ratios Lowest Ranking Debt Coverage Ratios
See also Airline Industry's Margin Definiton of Debt Coverage Ratio

Date modified: 2023-09-23T12:00:08+00:00



Help

About us

Advertise
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com