LATAM Airlines Group S.A.

Santiago Stock Exchange LTM.SN

LATAM Airlines Group S.A. Interest Coverage Ratio for the year ending December 31, 2023: 1.58

LATAM Airlines Group S.A. Interest Coverage Ratio is 1.58 for the year ending December 31, 2023, a -4.55% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • LATAM Airlines Group S.A. Interest Coverage Ratio for the year ending December 31, 2022 was 1.65, a 131.00% change year over year.
  • LATAM Airlines Group S.A. Interest Coverage Ratio for the year ending December 31, 2021 was -5.34, a 40.29% change year over year.
  • LATAM Airlines Group S.A. Interest Coverage Ratio for the year ending December 31, 2020 was -8.94, a -775.60% change year over year.
  • LATAM Airlines Group S.A. Interest Coverage Ratio for the year ending December 31, 2019 was 1.32, a -51.35% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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Santiago Stock Exchange: LTM.SN

LATAM Airlines Group S.A.

CEO Mr. Roberto Alvo Milosawlewitsch
IPO Date July 22, 1996
Location Chile
Headquarters Presidente Riesco 5711
Employees 38,065
Sector Consumer Discretionary
Industries
Description

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services primarily in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania. As of June 30, 2022, it provided passenger transport services to 133 destinations in 20 countries and cargo services to approximately 141 destinations in 23 countries, with an operating fleet of 300 aircraft and subleased one B767 cargo freighter to a third party. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered in Santiago, Chile. On May 26, 2020, LATAM Airlines Group S.A., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

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StockViz Staff

January 15, 2025

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