Ryanair Holdings plc (RYAAY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 7.75B | 4.3B | 4.71B | 6.47B | 6.01B | 4.86B | 4.9B | 6.52B | 5.83B | 4.3B | 4.9B | 5.96B | 5.91B | 5.48B | 6.5B | 7.05B | 5.48B | 3.82B | 4.99B | 4.5B |
| Cash & Short-Term Investments | 3.58B | 2.42B | 2.96B | 4.35B | 3.96B | 2.75B | 3.33B | 4.48B | 4.11B | 2.9B | 3.33B | 4.82B | 4.66B | 4.05B | 4.57B | 4.62B | 3.6B | 2.96B | 4.22B | 4.02B |
| Cash Only | 2.77B | 2.42B | 2.96B | 3.61B | 3.86B | 2.75B | 2.93B | 3.96B | 3.88B | 2.52B | 2.93B | 2.95B | 3.6B | 2.28B | 1.72B | 1.55B | 2.67B | 2.96B | 4.12B | 3.55B |
| Short-Term Investments | 813.25M | 0 | 0 | 734.9M | 100.1M | 0 | 401.3M | 526.1M | 237.8M | 379.5M | 401.3M | 1.87B | 1.06B | 1.77B | 2.84B | 3.07B | 934.1M | 0 | 100M | 470.3M |
| Accounts Receivable | 44.25M | 110.4M | 77.7M | 96.9M | 73.5M | 56.6M | 95M | 100.5M | 76.4M | 76.5M | 95M | 88.6M | 59.7M | 38.8M | 78M | 62.1M | 43.5M | 20.6M | 39.7M | 22.3M |
| Days Sales Outstanding | 2.72 | 2.69 | 1.47 | 1.79 | 2.55 | 2.36 | 1.78 | 2.22 | 2.95 | 2.67 | 1.71 | 1.86 | 2.4 | 2.32 | 1.61 | 1.85 | 2.45 | 1.89 | 1.6 | 5.02 |
| Inventory | 4.81M | 5.3M | 5.3M | 5M | 4.6M | 4.8M | 4.7M | 5.8M | 6.2M | 6.2M | 4.7M | 5.2M | 6M | 4.5M | 4.5M | 4.5M | 4.3M | 4M | 3.6M | 3.8M |
| Days Inventory Outstanding | 0.16 | 0.19 | 0.16 | 0.14 | 0.18 | 0.18 | 0.15 | 0.16 | 0.22 | 0.19 | 0.17 | 0.17 | 0.26 | 0.21 | 0.16 | 0.18 | 0.32 | 0.24 | 0.24 | 0.56 |
| Other Current Assets | 4.12B | 1.77B | 1.67B | 2.02B | 1.97B | 2.05B | 1.47B | 1.93B | 362.6M | 1.32B | 1.47B | 1.05B | 1.19B | 1.39B | 1.84B | 2.36B | 1.42B | 842.2M | 730.6M | 454.8M |
| Total Non-Current Assets | 12.02B | 11.74B | 11.68B | 11.6B | 11.5B | 11.51B | 11.48B | 11.49B | 11.35B | 11.15B | 11.48B | 10.73B | 10.49B | 10.28B | 10.1B | 9.92B | 9.67B | 9.31B | 9.08B | 8.89B |
| Property, Plant & Equipment | 11.53B | 11.31B | 11.23B | 11.14B | 11.07B | 10.88B | 11.11B | 11.11B | 11.01B | 10.8B | 11.11B | 10.35B | 10.12B | 9.87B | 9.5B | 9.39B | 9.23B | 8.9B | 8.65B | 8.57B |
| Fixed Asset Turnover | 0.22x | 0.29x | 0.49x | 0.39x | 0.21x | 0.27x | 0.46x | 0.33x | 0.22x | 0.27x | 0.46x | 0.35x | 0.18x | 0.24x | 0.42x | 0.28x | 0.13x | 0.17x | 0.21x | 0.04x |
| Goodwill | 146.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M | 146.4M |
| Long-Term Investments | 92.5M | 6.7M | 23.27M | 0 | 0 | 0 | 0 | 0 | 3.3M | 0 | 0 | 900K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 240.75M | 275.3M | 274.63M | 283.1M | 277.1M | 479.8M | 219.8M | 229.4M | 183.2M | 202.4M | 219.8M | 231.3M | 223.5M | 262.6M | 452.9M | 358.7M | 257.2M | 258.7M | 267.1M | 155.6M |
| Total Assets | 19.77B | 16.04B | 16.39B | 18.08B | 17.51B | 16.37B | 16.38B | 18.01B | 17.18B | 15.46B | 16.38B | 16.69B | 16.41B | 15.76B | 16.6B | 16.97B | 15.15B | 13.14B | 14.07B | 13.4B |
| Asset Turnover | 0.14x | 0.20x | 0.32x | 0.24x | 0.14x | 0.18x | 0.29x | 0.21x | 0.14x | 0.19x | 0.30x | 0.22x | 0.11x | 0.14x | 0.24x | 0.16x | 0.08x | 0.11x | 0.13x | 0.03x |
| Asset Growth % | 12.92% | -2.01% | 0.08% | 0.35% | 1.93% | 5.94% | 0% | 7.91% | 4.69% | -1.94% | -1.33% | -1.63% | 8.29% | 19.96% | 17.97% | 26.68% | 22.89% | 3.6% | -4.19% | -18.27% |
| Total Current Liabilities | 8.58B | 6.46B | 6.6B | 9.8B | 8.15B | 5.65B | 6.05B | 7.01B | 6.4B | 4.29B | 6.05B | 7.15B | 7.42B | 5.93B | 6.02B | 6.55B | 5.4B | 2.98B | 3.73B | 3.64B |
| Accounts Payable | 610.44M | 477.6M | 582.4M | 575.2M | 702M | 636.1M | 883.7M | 873.8M | 792.2M | 808.3M | 883.7M | 838.1M | 1.07B | 1.17B | 1.23B | 1.33B | 1.03B | 663.3M | 788.5M | 565.8M |
| Days Payables Outstanding | 17.04 | 18.68 | 17.92 | 18.14 | 25.13 | 29.14 | 25.51 | 22.74 | 28.62 | 28.93 | 29.35 | 28.48 | 55.42 | 55.17 | 46.22 | 49.09 | 65.06 | 45.36 | 43.44 | 68.03 |
| Short-Term Debt | 1.24B | 1.2B | 1.2B | 2.05B | 848.4M | 848.4M | 893.4M | 45M | 50M | 69.9M | 893.4M | 820.6M | 1.06B | 1.93B | 1.83B | 1.22B | 1.22B | 379.5M | 858.5M | 863.1M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 3.43B | 0 | 0 | 0 | 2.9B | 0 | 0 | 0 | 2.79B | 0 | 0 | 0 | 1.55B | 0 | 0 | 0 |
| Other Current Liabilities | 6.65B | 671.3M | 687.7M | 510.6M | 278.2M | 360.6M | 472.1M | 126.3M | 1.02B | 231.5M | 472.1M | 513M | 406.4M | 98.3M | 144.2M | 43.3M | 47.8M | 47.8M | 28.1M | 43.1M |
| Current Ratio | 0.90x | 0.67x | 0.71x | 0.66x | 0.74x | 0.86x | 0.81x | 0.93x | 0.91x | 1.00x | 0.81x | 0.83x | 0.80x | 0.92x | 1.08x | 1.08x | 1.01x | 1.28x | 1.34x | 1.24x |
| Quick Ratio | 0.90x | 0.67x | 0.71x | 0.66x | 0.74x | 0.86x | 0.81x | 0.93x | 0.91x | 1.00x | 0.81x | 0.83x | 0.80x | 0.92x | 1.08x | 1.08x | 1.01x | 1.28x | 1.34x | 1.24x |
| Cash Conversion Cycle | -14.16 | -15.8 | -16.3 | -16.22 | -22.4 | -26.6 | -23.58 | -20.36 | -25.45 | -26.07 | -27.47 | -26.45 | -52.76 | -52.64 | -44.45 | -47.06 | -62.29 | -43.23 | -41.61 | -62.45 |
| Total Non-Current Liabilities | 1.07B | 803.3M | 817.7M | 871.2M | 2.32B | 2.55B | 2.57B | 3.18B | 3.16B | 3.3B | 2.57B | 3.39B | 3.34B | 3.54B | 3.91B | 4.21B | 4.21B | 5.23B | 5.41B | 5.29B |
| Long-Term Debt | 147.95M | 223.4M | 147.4M | 147.3M | 1.69B | 1.69B | 1.69B | 2.53B | 2.53B | 2.53B | 1.69B | 2.84B | 2.85B | 2.88B | 3.07B | 3.69B | 3.71B | 4.6B | 4.73B | 4.69B |
| Capital Lease Obligations | 105.21M | 75.87M | 85.7M | 94M | 111.4M | 125.9M | 126.5M | 132.4M | 125.2M | 130.8M | 126.5M | 153.2M | 163.1M | 176.2M | 193.7M | 71.6M | 81.4M | 92.2M | 103.5M | 115.8M |
| Deferred Tax Liabilities | 672.2M | 397.33M | 373.7M | 361.1M | 377.1M | 543.5M | 482.2M | 397.8M | 362M | 0 | 482.2M | 0 | 159.3M | 267.7M | 327.5M | 314.6M | 266.5M | 232.1M | 263M | 235.5M |
| Other Non-Current Liabilities | 149.26M | 106.35M | 210.9M | 268.8M | 143.6M | 193M | 276M | 116.1M | 141.4M | 635.8M | 276M | 392.8M | 165.7M | 215.8M | 325.9M | 133.3M | 143.3M | 308.8M | 312.2M | 250.6M |
| Total Liabilities | 9.66B | 7.26B | 7.42B | 10.68B | 10.47B | 8.2B | 8.62B | 10.19B | 9.56B | 7.58B | 8.62B | 10.54B | 10.76B | 9.47B | 9.93B | 10.76B | 9.6B | 8.21B | 9.14B | 8.93B |
| Total Debt | 1.49B | 1.53B | 1.47B | 2.32B | 2.68B | 2.7B | 2.74B | 2.75B | 2.75B | 2.77B | 2.74B | 3.86B | 4.12B | 5.03B | 5.14B | 5.05B | 5.08B | 5.12B | 5.74B | 5.72B |
| Net Debt | -1.27B | -889.02M | -1.5B | -1.29B | -1.18B | -51.4M | -183.1M | -1.2B | -1.13B | 254.2M | -183.1M | 904.1M | 516.9M | 2.75B | 3.41B | 3.49B | 2.41B | 2.16B | 1.63B | 2.17B |
| Debt / Equity | 0.15x | 0.17x | 0.16x | 0.31x | 0.38x | 0.33x | 0.35x | 0.35x | 0.36x | 0.35x | 0.35x | 0.63x | 0.73x | 0.80x | 0.77x | 0.81x | 0.92x | 1.04x | 1.16x | 1.28x |
| Debt / EBITDA | - | 4.45x | 0.64x | 1.85x | - | 8.32x | 1.40x | 4.05x | - | 8.54x | 1.38x | 5.68x | 124.36x | 13.81x | 3.42x | 10.83x | 295.20x | 66.61x | 12.60x | - |
| Net Debt / EBITDA | - | -2.58x | -0.65x | -1.03x | - | -0.16x | -0.09x | -1.77x | - | 0.78x | -0.09x | 1.33x | 15.62x | 7.55x | 2.27x | 7.50x | 140.02x | 28.15x | 3.57x | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.07x | 76.76x | 11.10x | -7.68x | -4.53x | 10.64x | -14.16x |
| Total Equity | 10.11B | 8.78B | 8.97B | 7.4B | 7.04B | 8.17B | 7.76B | 7.83B | 7.61B | 7.87B | 7.76B | 6.15B | 5.64B | 6.29B | 6.67B | 6.21B | 5.55B | 4.93B | 4.93B | 4.47B |
| Equity Growth % | 43.7% | 7.48% | 15.63% | -5.43% | -7.58% | 3.79% | 0% | 27.24% | 34.93% | 25.1% | 16.37% | -0.94% | 1.76% | 27.67% | 35.14% | 38.93% | 19.34% | 5.5% | -0.92% | -14.73% |
| Book Value per Share | 19.37 | 16.44 | 16.79 | 13.83 | 12.71 | 15.04 | 13.74 | 14.02 | 13.36 | 13.75 | 13.56 | 10.75 | 13.17 | 11.04 | 11.72 | 10.90 | 13.01 | 8.71 | 8.66 | 7.92 |
| Total Shareholders' Equity | 10.11B | 8.78B | 8.97B | 7.4B | 7.04B | 8.17B | 7.76B | 7.83B | 7.61B | 7.87B | 7.76B | 6.15B | 5.64B | 6.29B | 6.67B | 6.21B | 5.55B | 4.93B | 4.93B | 4.47B |
| Common Stock | 6.31M | 6.3M | 6.4M | 6.4M | 6.4M | 6.5M | 6.6M | 6.8M | 6.9M | 6.9M | 6.6M | 6.9M | 6.9M | 6.9M | 6.9M | 6.9M | 6.8M | 6.8M | 6.7M | 6.7M |
| Retained Earnings | 6.78B | 7.55B | 7.68B | 6.34B | 5.59B | 6.53B | 6.64B | 6.01B | 5.9B | 6.37B | 6.64B | 4.84B | 4.18B | 4.33B | 4.13B | 3.07B | 2.88B | 3.1B | 3.19B | 2.96B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 52.15M | -207.8M | -152.7M | -382.3M | -21.3M | 212.5M | -306.7M | 392.5M | 265.9M | 91.7M | -306.7M | -81.8M | 31.4M | 570.3M | 1.16B | 1.8B | 1.3B | 623.4M | 571.1M | 334.5M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |