China Southern Airlines Co Ltd
SSE:600029
Bankruptcy Probability
China Southern Airlines Co Ltd's probability of bankruptcy is 11.9%, signalling a meaningful chance of default. The solvency score is 24/100 — a sign of moderate financial strength.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
China Southern Airlines Co Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CN |
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China Southern Airlines Co Ltd
SSE:600029
|
120.3B CNY |
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| US |
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Delta Air Lines Inc
NYSE:DAL
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38.6B USD |
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| US |
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United Airlines Holdings Inc
NASDAQ:UAL
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29.8B USD |
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| CH |
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Kinarus Therapeutics Holding AG
SIX:KNRS
|
19.5B CHF |
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| UK |
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International Consolidated Airlines Group SA
LSE:IAG
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16.9B GBP |
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| US |
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Southwest Airlines Co
NYSE:LUV
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21.3B USD |
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| IE |
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Ryanair Holdings PLC
LSE:RYA
|
15.4B EUR |
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| CN |
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Air China Ltd
SSE:601111
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133.3B CNY |
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| IN |
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Interglobe Aviation Ltd
NSE:INDIGO
|
1.7T INR |
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| CN |
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China Eastern Airlines Corp Ltd
SSE:600115
|
112.4B CNY |
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| SG |
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Singapore Airlines Ltd
SGX:C6L
|
20.7B SGD |
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China Southern Airlines Co Ltd's probability of bankruptcy is 11.9%, signalling a meaningful chance of default.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, China Southern Airlines Co Ltd has total debt of 170.3B CNY. This includes both short-term (36.9B CNY) and long-term (133.4B CNY) debt.
You can find a full breakdown on its Balance Sheet.
