Spring Airlines Co

Spring Airlines Co Net Debt/Equity

The Net Debt to Equity Ratio of Spring Airlines Co (601021.SS) as of Nov 4, 2026 is 0.61. In the previous year, Net Debt to Equity Ratio was 0.73 — a change of -17.35% (lower).

Net Debt/Equity

0.61

YoY

-17.35%

Last updated:

Net Debt to Equity Ratio of Spring Airlines Co is 2024 0.61 . Net Debt to Equity Ratio of Spring Airlines Co was 2023 0.73 . It decreases by -17.35% lower compared to the previous year.

The Spring Airlines Co Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2017
0.54 CNY
Jan 1, 2018
0.32 CNY
Jan 1, 2019
0.12 CNY
Jan 1, 2020
0.36 CNY
Jan 1, 2021
0.94 CNY
Jan 1, 2022
1.16 CNY
Jan 1, 2023
0.73 CNY
Jan 1, 2024
0.61 CNY
The Spring Airlines Co Net Debt/Equity history
YEARNet Debt/EquityYoY
0.61-17.35%
0.73-36.64%
1.16+23.50%
0.94+160.15%
0.36+194.52%
0.12-61.78%
0.32-40.87%
0.54-11.80%
0.61+11.91%
0.55-28.31%
0.76—

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Spring Airlines Co Stock analysis

What does Spring Airlines Co do? Spring Airlines Co Ltd, headquartered in Shanghai, China, operates as an airline providing domestic, international, and regional services to Hong Kong, Macau, and Taiwan. With 9,256 employees, the company offers aviation services and related transportation solutions. Listed on 21 January 2015, it serves routes within China and internationally, focusing on cost-effective travel options. Spring Airlines Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Spring Airlines Co stock

Net Debt to Equity Ratio of Spring Airlines Co is 0.61 in 2024.

Net Debt to Equity Ratio of Spring Airlines Co changed from 0.73 to 0.61, representing a -17.35% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Spring Airlines Co since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Spring Airlines Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Spring Airlines Co

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Spring Airlines Co