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Delta Air Lines Inc. (DAL)
Analysis of Solvency Ratios
Quarterly Data
Beginner level
Solvency ratios also known as long-term debt ratios measure a company’s ability to meet long-term obligations.
Solvency Ratios (Summary)
Delta Air Lines Inc., solvency ratios (quarterly data)
Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Delta Air Lines Inc.’s debt to equity ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Delta Air Lines Inc.’s debt to equity ratio (including operating lease liability) improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Delta Air Lines Inc.’s debt to capital ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Delta Air Lines Inc.’s debt to capital ratio (including operating lease liability) improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Delta Air Lines Inc.’s debt to assets ratio improved from Q1 2019 to Q2 2019 but then slightly deteriorated from Q2 2019 to Q3 2019. |
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Delta Air Lines Inc.’s debt to assets ratio (including operating lease liability) improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Delta Air Lines Inc.’s financial leverage ratio decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Delta Air Lines Inc.’s interest coverage ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Debt to Equity
Delta Air Lines Inc., debt to equity calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Current maturities of long-term debt and finance leases | |
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| Long-term debt and finance leases, excluding current maturities | |
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| Total debt | |
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| Stockholders’ equity | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Debt to equity1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Debt to Equity, Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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| Starbucks Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Delta Air Lines Inc.’s debt to equity ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Debt to Equity (including Operating Lease Liability)
Delta Air Lines Inc., debt to equity (including operating lease liability) calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Current maturities of long-term debt and finance leases | |
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| Long-term debt and finance leases, excluding current maturities | |
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| Total debt | |
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| Current maturities of operating leases | |
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| Noncurrent operating leases | |
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| Total debt (including operating lease liability) | |
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| Stockholders’ equity | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Debt to equity (including operating lease liability)1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Delta Air Lines Inc.’s debt to equity ratio (including operating lease liability) improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Debt to Capital
Delta Air Lines Inc., debt to capital calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Current maturities of long-term debt and finance leases | |
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| Long-term debt and finance leases, excluding current maturities | |
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| Total debt | |
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| Stockholders’ equity | |
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| Total capital | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Debt to capital1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Debt to Capital, Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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| Starbucks Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Debt to capital = Total debt ÷ Total capital
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Delta Air Lines Inc.’s debt to capital ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Debt to Capital (including Operating Lease Liability)
Delta Air Lines Inc., debt to capital (including operating lease liability) calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Current maturities of long-term debt and finance leases | |
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| Long-term debt and finance leases, excluding current maturities | |
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| Total debt | |
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| Current maturities of operating leases | |
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| Noncurrent operating leases | |
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| Total debt (including operating lease liability) | |
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| Total capital (including operating lease liability) | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Debt to capital (including operating lease liability)1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Delta Air Lines Inc.’s debt to capital ratio (including operating lease liability) improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Debt to Assets
Delta Air Lines Inc., debt to assets calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Current maturities of long-term debt and finance leases | |
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| Long-term debt and finance leases, excluding current maturities | |
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| Total debt | |
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| Total assets | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Debt to assets1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Debt to Assets, Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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| Starbucks Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Debt to assets = Total debt ÷ Total assets
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Delta Air Lines Inc.’s debt to assets ratio improved from Q1 2019 to Q2 2019 but then slightly deteriorated from Q2 2019 to Q3 2019. |
Debt to Assets (including Operating Lease Liability)
Delta Air Lines Inc., debt to assets (including operating lease liability) calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Current maturities of long-term debt and finance leases | |
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| Long-term debt and finance leases, excluding current maturities | |
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| Total debt | |
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| Current maturities of operating leases | |
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| Noncurrent operating leases | |
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| Total debt (including operating lease liability) | |
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| Total assets | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Debt to assets (including operating lease liability)1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Delta Air Lines Inc.’s debt to assets ratio (including operating lease liability) improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Financial Leverage
Delta Air Lines Inc., financial leverage calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Total assets | |
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| Stockholders’ equity | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Financial leverage1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Financial Leverage, Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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| Starbucks Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= ÷ =
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Delta Air Lines Inc.’s financial leverage ratio decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Interest Coverage
Delta Air Lines Inc., interest coverage calculation (quarterly data)
| Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||
| Net income | |
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| Add: Income tax expense | |
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| Add: Interest expense, net | |
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| Earnings before interest and tax (EBIT) | |
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| Solvency Ratio | ||||||||||||||||||||||||
| Interest coverage1 | |
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| Benchmarks | ||||||||||||||||||||||||
| Interest Coverage, Competitors2 | ||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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| Starbucks Corp. | |
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Based on: 10-Q (filing date: 2019-10-10), 10-Q (filing date: 2019-07-11), 10-Q (filing date: 2019-04-10), 10-K (filing date: 2019-02-15), 10-Q (filing date: 2018-10-11), 10-Q (filing date: 2018-07-12), 10-Q (filing date: 2018-04-12), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-11), 10-Q (filing date: 2017-07-13), 10-Q (filing date: 2017-04-12), 10-K (filing date: 2017-02-13), 10-Q (filing date: 2016-10-13), 10-Q (filing date: 2016-07-15), 10-Q (filing date: 2016-04-14), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-14), 10-Q (filing date: 2015-07-15), 10-Q (filing date: 2015-04-15), 10-K (filing date: 2015-02-11), 10-Q (filing date: 2014-10-24), 10-Q (filing date: 2014-07-24), 10-Q (filing date: 2014-04-24).
1 Q3 2019 Calculation
Interest coverage
= (EBITQ3 2019
+ EBITQ2 2019
+ EBITQ1 2019
+ EBITQ4 2018)
÷ (Interest expenseQ3 2019
+ Interest expenseQ2 2019
+ Interest expenseQ1 2019
+ Interest expenseQ4 2018)
= ( + + + )
÷ ( + + + )
=
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Delta Air Lines Inc.’s interest coverage ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |