Could you please clarify what the debt ratio of International Airlines Group (IAG) currently stands at? This metric is important for understanding the company's financial health and its ability to manage its liabilities effectively. As an investor or stakeholder, knowing the debt ratio can help me assess the risks associated with IAG's financial position and make informed decisions regarding my investment or involvement with the company. Is there any recent data available on this metric?
7 answers
Enrico
Mon Aug 12 2024
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CryptoVanguard
Mon Aug 12 2024
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ThunderBreezeHarmony
Mon Aug 12 2024
The debt ratio of IAG, a major airline group, is a crucial financial metric that indicates the proportion of the company's assets financed through debt. This ratio provides insights into the company's leverage and its ability to meet its financial obligations.
SsamziegangSerenadeMelodyHarmony
Mon Aug 12 2024
A debt ratio of 0.4614 for IAG signifies that for every dollar of assets owned by the company, approximately 46 cents are financed through debt. This indicates a moderate level of leverage, which can be beneficial for the company as it allows it to expand its operations and invest in growth opportunities.
GyeongjuGlorious
Mon Aug 12 2024
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