Finnair Oyj

Helsinki Stock Exchange FIA1S.HE

Finnair Oyj Debt to Equity Ratio for the year ending December 31, 2023: 3.51

Finnair Oyj Debt to Equity Ratio is 3.51 for the year ending December 31, 2023, a -45.17% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Finnair Oyj Debt to Equity Ratio for the year ending December 31, 2022 was 6.40, a 8.43% change year over year.
Finnair Oyj Debt to Equity Ratio for the year ending December 31, 2021 was 5.91, a 143.02% change year over year.
Finnair Oyj Debt to Equity Ratio for the year ending December 31, 2020 was 2.43, a 49.13% change year over year.
Finnair Oyj Debt to Equity Ratio for the year ending December 31, 2019 was 1.63, a 148.70% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Helsinki Stock Exchange: FIA1S.HE

Finnair Oyj

CEO	Mr. Turkka Kuusisto M.Sc.
IPO Date	Jan. 3, 2000
Location	Finland
Headquarters	Tietotie 9 A
Employees	5,586
Sector	Consumer Discretionary
Industries Airlines

Description

Finnair Oyj engages in the airline business in Europe and Asia. It also offers package tours under the Aurinkomatkat-Suntours and Finnair Holidays brand names. As of December 31, 2021, the company operated a fleet of 60 aircraft, which included 25 wide-body and 35 narrowbody aircraft. In addition, it provides technical, catering, and financial business services. The company was incorporated in 1923 and is headquartered in Vantaa, Finland.

Key trends

Past 5 years