PPRuNe Forums - View Single Post - Qantas to lay out roadmap for restart of international flights
Old 11th Oct 2021, 05:04
  #265 (permalink)  
B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,394
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QF need further flying and hopefully profits urgently to stem the current losses and a negative return on equity (-335%). Debt to equity ratio is now 1323.6% and with negative cash flow debt is not well covered. Short term assets of $3.4B do not cover the short term liabilities of $7.6B. Ouch.
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