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The following ratios for The Air New Zealand Limited (Air NZ) and Qantas Limited (a competitor of the Air NZ Limited) were calculated for 2019

The following ratios for The Air New Zealand Limited (Air NZ) and Qantas Limited (a competitor of the Air NZ Limited) were calculated for 2019 and 2018:Based on these ratios, comment on Air NZ's financial risk.

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Air nz qantas 2018 2019 2018 2019 Return on Assets 3.48% 4.97% 4.60% 5.11% Profit Margin 4.67% 7.10% 4.96% 5.56% 0.75 0.70 0.93 0.92 Asset Turnover . . . . times times times times . 0.68 0.84 0.49 0.48 Current Ratio . . . . times times times times Debt Ratio 73.07% 72.27% 82.27% 78.79% Interest coverage 13.06 17.36 7.84 8.43 ratio times times times times

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