AZUL Debt to Equity Ratio 2017-2023 | AZUL

Current and historical debt to equity ratio values for AZUL (AZUL) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. AZUL debt/equity for the three months ending September 30, 2023 was 0.00.
AZUL Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2023-09-30 $8.38B $-4.36B -1.92
2023-06-30 $7.43B $-3.98B -1.87
2023-03-31 $7.15B $-3.80B -1.88
2022-12-31 $7.31B $-3.68B -1.99
2022-09-30 $7.34B $-3.84B -1.91
2022-06-30 $7.45B $-3.68B -2.02
2022-03-31 $6.40B $-2.99B -2.14
2021-12-31 $6.83B $-3.40B -2.01
2021-09-30 $6.84B $-3.44B -1.99
2021-06-30 $6.26B $-2.97B -2.10
2021-03-31 $5.88B $-3.09B -1.90
2020-12-31 $5.81B $-2.75B -2.12
2020-09-30 $5.17B $-2.58B -2.00
2020-06-30 $5.19B $-2.36B -2.20
2020-03-31 $6.43B $-2.18B -2.95
2019-12-31 $5.76B $-0.89B -6.46
2019-09-30 $4.86B $-0.16B -29.86
2019-06-30 $4.55B $-0.02B -201.57
2019-03-31 $4.57B $-0.13B -36.48
2018-12-31 $2.36B $0.87B 2.73
2018-09-30 $2.16B $0.75B 2.88
2018-06-30 $2.25B $0.80B 2.83
2018-03-31 $2.28B $0.93B 2.45
2017-12-31 $2.34B $0.89B 2.64
2017-09-30 $2.05B $0.80B 2.58
2017-06-30 $2.15B $0.71B 3.01
2017-03-31 $2.23B $0.34B 6.62
2016-12-31 $2.12B $0.29B 7.38
2016-06-30 $0.00B 0.00
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $2.268B $3.745B
Azul is one of the largest airlines in Brazil in terms of departures and destinations covered, offering flights to every region in Brazil. The carrier intends to expand globally through code-share agreements with other carriers. The airline has code-share agreements with several international carriers such as United Airlines, JetBlue, Copa Airlines, Etihad Airways, TAP, Turkish Airlines, Ethiopian Airlines, Aigle Azur and Beijing Capital. The code-share partnerships with United and TAP will help the company in expanding its network across United States, Europe and Asia.
Stock Name Country Market Cap PE Ratio
LATAM Airlines Group S.A (LTMAY) Chile $341.956B 0.00
GE Aerospace (GE) United States $176.516B 48.14
Delta Air Lines (DAL) United States $32.188B 7.75
Ryanair Holdings (RYAAY) Ireland $31.917B 14.43
Swire Pacific (SWRAY) Hong Kong, SAR China $30.422B 0.00
United Airlines Holdings Inc (UAL) United States $17.594B 5.08
Southwest Airlines (LUV) United States $16.308B 18.42
American Airlines Group (AAL) United States $9.252B 6.28
Deutsche Lufthansa AG (DLAKY) Germany $8.622B 4.26
Air China (AIRYY) China $8.400B 0.00
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $6.866B 0.00
Alaska Air (ALK) United States $5.604B 10.58
Air Canada (ACDVF) Canada $5.230B 4.24
International Consolidated Airlines Group SA (ICAGY) Spain $4.293B 1.55
Copa Holdings, S.A (CPA) Panama $3.908B 5.91
Joby Aviation (JOBY) United States $3.585B 0.00
SkyWest (SKYW) United States $2.952B 26.40
Corporacion America Airports S.A (CAAP) Luxembourg $2.693B 9.54
JetBlue Airways (JBLU) United States $1.946B 0.00
Frontiers (ULCC) United States $1.399B 56.82
Allegiant Travel (ALGT) United States $1.060B 7.64
Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.771B 9.05
Sun Country Airlines Holdings (SNCY) United States $0.754B 10.56
Bristow Group (VTOL) United States $0.742B 0.00
Air France-KLM SA (AFLYY) France $0.681B 2.30
Hawaiian Holdings (HA) United States $0.628B 0.00
Spirit Airlines (SAVE) United States $0.388B 0.00
Gol Linhas Aereas Inteligentes S.A (GOLLQ) Brazil $0.139B 0.00
Harbor Diversified (HRBR) United States $0.094B 0.00
Mesa Air (MESA) United States $0.038B 0.00
Surf Air Mobility (SRFM) United States $0.038B 0.00
AirMedia Group Inc (ANTE) China $0.006B 0.00
China Eastern Airlines (CEA) China $0.000B 0.00
China Southern Airlines (ZNH) China $0.000B 0.00