Liquidity RATIO TABLES
- Current ratio
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- Lufthansa
Ratios |
2011 | 2013 | 2014 |
0.97 | 0.88 | 0.75 |
- Current asset
Period | Figures | 2010 to 2011 - Decr of securities 4383 to 3111
- Decr of cash and cash equivalent 1097 to 887
2013 to 2014 - Decr of securities 3146 to 1785
- Decr of cash and cash equivalent 1522 to 953
|
2010 À 2011 | 10357
9454 |
2012 à 2014
| 9760
8247
|
- Current liabilities
Period | Figures | 2010 to 2011 - Decr of effective tax obligation 237 to 71
- Decr of derivative financial instruments 103 to 37
- Decr of trade payables 957 to 616
2013 to 2014 - Incr of derivative instrument 183 to 766
|
2010 À 2011 | 9826
9783 |
2012 à 2014
| 9759
10974 |
- Ryanair
Ratios |
2011 | 2013 | 2014 |
| 2.136 | 1.514 |
- Current asset
Period | Figures | 2010 to 2011 - Incr of Cash and cash equivalents 1477 to 2028
- Incr of derivative financial instruments ( Use to manage risk about currency fluctuations) 122 to 383
2011 to 2012 - Incr of cash and cash equivalent 2028 to 2708
|
2010 to 2011 | 3,063.4
3,477.6 |
2011 to 2012 | 3,477.6
3876 |
2013 To 2014 | 3763
3444 | 2013 to 2014 - Incr of 24.7 to 13.3 : Restricted cash consists of €13.3 million (2013: €24.7 million; 2012: €35.1 million) placed on deposit as collateral for certain derivative financial instruments and other financing arrangements entered into by the Company
- Deacr of derivative financial instrument 78 to 16
- Deacr of financial asset cash>3 month 2293 to 1498 :
|
- Current liabilities
Period | Figures | 2010 to 2011 - Incr of accrued expense in other liabilities from 1088 to 1224 (Unearned revenue represents flight seats sold but not yet flown and a provision for government tax refund claims attributable to unused tickets, and is included in accrued expenses and other liabilities)
- Incr of derivative financial instruments 41 to 125
2011 to 2012 - Decr to Derivative financial instruments 125 to 28
2013 to 2014 - Incr of Derivative financial instruments 31 to 95
- Incr Current maturities of debt 399 to 467
|
2010 to 2011 | 1549
1837 |
2011 to 2012 | 1837
1815 |
2013 To 2014 | 1911
2274 |
Liquidity Ratios
Lufthansa’s current ratio trend is a decrease with minor fluctuations. Current liabilities decline by 9% from 2010 to 2011 due to securities’ decreasing from 4383(2010) to 3111(2011) and also due to cash and cash equivalent decrease from 1097 to 887 over the same period.
