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China Eastern Airlines (SHSE:600115) Debt-to-Revenue : 1.40 (As of Mar. 2024)


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What is China Eastern Airlines Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

China Eastern Airlines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥62,036 Mil. China Eastern Airlines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥123,423 Mil. China Eastern Airlines's annualized Revenue for the quarter that ended in Mar. 2024 was ¥132,756 Mil. China Eastern Airlines's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.40.


China Eastern Airlines Debt-to-Revenue Historical Data

The historical data trend for China Eastern Airlines's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Eastern Airlines Debt-to-Revenue Chart

China Eastern Airlines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 2.70 2.90 4.75 1.73

China Eastern Airlines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.35 1.92 1.38 1.75 1.40

Competitive Comparison of China Eastern Airlines's Debt-to-Revenue

For the Airlines subindustry, China Eastern Airlines's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Eastern Airlines's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Eastern Airlines's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Eastern Airlines's Debt-to-Revenue falls into.



China Eastern Airlines Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

China Eastern Airlines's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(74209 + 122769) / 113741
=1.73

China Eastern Airlines's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(62036 + 123423) / 132756
=1.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


China Eastern Airlines Debt-to-Revenue Related Terms

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China Eastern Airlines (SHSE:600115) Business Description

Traded in Other Exchanges
Address
36 Hongxiang 3rd Road, 5th Floor, Block A2, CEA Building, Northern District, Minhang District, Shanghai, CHN, 201100
China Eastern Airlines is based in Shanghai and is one of the three largest state-owned airlines in China. The group operated a fleet of 778 aircraft as of 2022 and carried more than 130 million passengers in prepandemic 2019. It runs a hub-and-spoke model under which it gathers and distributes passengers from air hubs like Shanghai, Beijing, Xi'an, and Kunming. The group's route network extends to over 220 destinations and 40 countries and regions.

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