Copa Holdings, S.A. (CPA) quarterly balance sheet — complete assets, liabilities & equity history
Copa Holdings, S.A. (CPA) balance sheet — 25-year assets, liabilities & shareholders' equity history
| Metric | 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 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.76B | 1.82B | 1.78B | 1.47B | 1.42B | 1.32B | 1.58B | 1.43B | 1.32B | 1.2B | 1.27B | 1.34B | 1.45B | 1.36B | 1.24B | 1.28B | 1.25B | 1.29B | 1.24B | 1.43B |
| Cash & Short-Term Investments | 1.26B | 1.33B | 1.34B | 991.51M | 1B | 916.35M | 1.2B | 1.03B | 948.87M | 801.16M | 915.18M | 991.68M | 1.12B | 1.02B | 934.75M | 951.56M | 935.26M | 1.02B | 1.02B | 1.19B |
| Cash Only | 266.82M | 374.22M | 382.55M | 248.82M | 236.17M | 164.82M | 613.31M | 275.25M | 200.63M | 170.53M | 206.38M | 236.88M | 281.86M | 242.31M | 122.42M | 198.74M | 134.13M | 249.01M | 211.08M | 290.23M |
| Short-Term Investments | 996.41M | 959.46M | 955.6M | 742.69M | 764.14M | 751.52M | 585.92M | 758.56M | 748.24M | 630.64M | 708.81M | 754.8M | 833.58M | 773.49M | 812.32M | 752.81M | 801.13M | 771.07M | 806.34M | 901.64M |
| Accounts Receivable | 221.36M | 207.74M | 197.64M | 228.7M | 186.37M | 178.05M | 187.68M | 204.11M | 189.54M | 194.92M | 177.28M | 171.8M | 164.72M | 166.94M | 148.14M | 157.73M | 157.09M | 127.59M | 97.24M | 111.6M |
| Days Sales Outstanding | 18.43 | 17.33 | 20.37 | 20.91 | 19.68 | 18.3 | 20.51 | 21.19 | 21.35 | 18.95 | 17.59 | 17.84 | 18.65 | 16.35 | 15.8 | 17.89 | 18.68 | 17.7 | 16.71 | 22.42 |
| Inventory | 0 | 152.25M | 148.13M | 145.91M | 141.19M | 145.04M | 132.34M | 123.57M | 116.58M | 116.92M | 116.6M | 108.55M | 104.33M | 101.68M | 93.33M | 91.99M | 88.98M | 80.69M | 74.78M | 71.42M |
| Days Inventory Outstanding | - | 20.03 | 21.2 | 22.91 | 23.64 | 22.05 | 21.29 | 19.53 | 19.62 | 19.02 | 17.9 | 17.81 | 18.68 | 15.9 | 15.58 | 15.16 | 14.24 | 16.31 | 20.71 | 21.09 |
| Other Current Assets | 185.84M | 29.29M | 32.77M | 30.96M | 26.03M | 26.46M | 3.02M | 23.71M | 21.38M | 32.63M | 14.19M | 25.67M | 21.86M | 23.66M | 6.49M | 9.53M | 8.13M | 6.5M | 44.01M | 30.09M |
| Total Non-Current Assets | 5.38B | 5.08B | 4.8B | 4.8B | 4.58B | 4.43B | 4.17B | 4.08B | 4.07B | 3.99B | 3.93B | 3.68B | 3.65B | 3.51B | 3.45B | 3.35B | 3.17B | 3.11B | 3.01B | 2.75B |
| Property, Plant & Equipment | 4.95B | 4.74B | 4.42B | 4.33B | 4.06B | 3.86B | 3.77B | 3.7B | 3.67B | 3.55B | 3.52B | 3.36B | 3.28B | 3.21B | 3.12B | 3.04B | 2.89B | 2.77B | 2.68B | 2.49B |
| Fixed Asset Turnover | 0.22x | 0.23x | 0.22x | 0.22x | 0.21x | 0.24x | 0.24x | 0.23x | 0.23x | 0.25x | 0.27x | 0.26x | 0.25x | 0.27x | 0.29x | 0.27x | 0.24x | 0.21x | 0.22x | 0.18x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 20.38M | 0 | 0 | 0 | 20.38M | 0 | 0 | 0 | 20.38M | 0 | 0 | 0 | 20.38M | 0 |
| Intangible Assets | 104.42M | 104.48M | 104.07M | 101.54M | 98.89M | 97.48M | 76.37M | 94.1M | 92.72M | 88.31M | 67.61M | 85.71M | 82.92M | 80.77M | 58.17M | 77.06M | 77.3M | 78.38M | 61.37M | 84.53M |
| Long-Term Investments | 280.19M | 190.16M | 248.58M | 337.6M | 368.33M | 425.82M | 248.94M | 219.73M | 258.38M | 301.19M | 258.93M | 177.84M | 222.28M | 166.48M | 202.06M | 168.11M | 140.37M | 204.81M | 199.67M | 96.95M |
| Other Non-Current Assets | 18.66M | 21.21M | 15.61M | 11.36M | 28.46M | 29.82M | 31.41M | 39.34M | 30.79M | 31.57M | 32.03M | 29.21M | 27.36M | 23.82M | 25.28M | 28.31M | 24.83M | 21.69M | 20.82M | 37.49M |
| Total Assets | 7.14B | 6.89B | 6.58B | 6.28B | 6B | 5.75B | 5.74B | 5.51B | 5.39B | 5.19B | 5.2B | 5.02B | 5.1B | 4.87B | 4.69B | 4.62B | 4.41B | 4.4B | 4.25B | 4.18B |
| Asset Turnover | 0.15x | 0.16x | 0.15x | 0.15x | 0.14x | 0.16x | 0.16x | 0.16x | 0.15x | 0.17x | 0.18x | 0.17x | 0.16x | 0.18x | 0.19x | 0.18x | 0.16x | 0.13x | 0.14x | 0.11x |
| Asset Growth % | 18.94% | 19.95% | 14.64% | 13.98% | 11.31% | 10.76% | 10.5% | 9.65% | 5.74% | 6.62% | 10.8% | 8.67% | 15.54% | 10.72% | 10.41% | 10.69% | 7.05% | 8.06% | 10.25% | 7.4% |
| Total Current Liabilities | 1.66B | 1.57B | 1.44B | 1.4B | 1.37B | 1.34B | 1.36B | 1.32B | 1.35B | 1.32B | 1.28B | 1.4B | 1.98B | 1.23B | 1.19B | 1.37B | 1.28B | 1.17B | 1.05B | 1.04B |
| Accounts Payable | 208.4M | 211.66M | 164.32M | 164.69M | 188.17M | 189.9M | 229.1M | 176.75M | 197.34M | 205.9M | 182.3M | 180.63M | 164.22M | 165.18M | 166.66M | 159.14M | 170.11M | 146.01M | 112.6M | 111.29M |
| Days Payables Outstanding | 21.73 | 25.07 | 23.72 | 28.16 | 31.23 | 33.31 | 33.77 | 30.43 | 33.88 | 31.62 | 28.86 | 28.85 | 29.87 | 27.05 | 27.38 | 27.58 | 26.54 | 27.12 | 31.71 | 31.61 |
| Short-Term Debt | 0 | 218.25M | 239.02M | 204.45M | 219.89M | 232.45M | 254.85M | 205.14M | 226.51M | 233.11M | 222.43M | 260.16M | 445.08M | 144.2M | 142.48M | 199.44M | 148.16M | 151.23M | 196.6M | 154.14M |
| Deferred Revenue (Current) | 1.04B | 911.02M | 155.58M | 151.16M | 789.24M | 750.23M | 681.34M | 775.73M | 767.67M | 711.61M | 666.92M | 779.98M | 763.62M | 726.41M | 707.1M | 842.5M | 811.37M | 722.35M | 592.05M | 648M |
| Other Current Liabilities | 205.31M | 9.11M | 803.24M | 751.06M | 1.68M | 1.83M | 59.49M | 1.32M | 736K | 1.47M | 61.93M | 50.05M | 466.85M | 32.9M | 41.92M | 35.7M | 30.52M | 29.69M | 28.99M | 19.32M |
| Current Ratio | 1.06x | 1.16x | 1.23x | 1.06x | 1.04x | 0.99x | 1.16x | 1.09x | 0.98x | 0.91x | 0.99x | 0.96x | 0.74x | 1.11x | 1.04x | 0.93x | 0.97x | 1.10x | 1.18x | 1.37x |
| Quick Ratio | 1.06x | 1.06x | 1.13x | 0.95x | 0.93x | 0.88x | 1.07x | 0.99x | 0.89x | 0.82x | 0.90x | 0.88x | 0.68x | 1.03x | 0.96x | 0.86x | 0.90x | 1.03x | 1.11x | 1.30x |
| Cash Conversion Cycle | - | 12.29 | 17.85 | 15.66 | 12.09 | 7.04 | 8.04 | 10.29 | 7.09 | 6.36 | 6.64 | 6.8 | 7.46 | 5.19 | 3.99 | 5.47 | 6.38 | 6.88 | 5.7 | 11.9 |
| Total Non-Current Liabilities | 2.61B | 2.46B | 2.37B | 2.21B | 2.07B | 1.93B | 2.01B | 1.87B | 1.8B | 1.68B | 1.8B | 1.62B | 1.57B | 2.04B | 2B | 1.85B | 1.83B | 1.93B | 1.9B | 1.92B |
| Long-Term Debt | 202.25M | 1.89B | 2.07B | 1.63B | 1.5B | 1.39B | 1.42B | 1.3B | 1.24B | 1.2B | 1.24B | 1.11B | 1.11B | 1.33B | 1.3B | 1.32B | 1.35B | 1.33B | 1.23B | 1.25B |
| Capital Lease Obligations | 224.87M | 241.67M | 258.38M | 272.48M | 271.77M | 255.83M | 270.59M | 295.78M | 296.4M | 198.39M | 215.35M | 224.14M | 186.56M | 162.03M | 158.29M | 117.21M | 72.75M | 86.79M | 104.73M | 122.69M |
| Deferred Tax Liabilities | 58.28M | 72.94M | 59.22M | 75.82M | 60.61M | 48.8M | 37.48M | 57.3M | 47.46M | 45.74M | 36.37M | 44.34M | 34.71M | 25.78M | 16.57M | 23.85M | 18.92M | 18.89M | 18.78M | 18.1M |
| Other Non-Current Liabilities | 2.12B | 250.45M | -16.05M | 233.23M | 236.09M | 229.92M | 217.63M | 223.54M | 216.51M | 235.01M | 234.47M | 238.62M | 239.76M | 522.02M | 471.77M | 387.83M | 389.91M | 499.62M | 482.82M | 251.74M |
| Total Liabilities | 4.26B | 4.02B | 3.81B | 3.61B | 3.44B | 3.27B | 3.37B | 3.19B | 3.16B | 3B | 3.07B | 3.02B | 3.54B | 3.26B | 3.2B | 3.23B | 3.12B | 3.1B | 2.95B | 2.96B |
| Total Debt | 495.46M | 2.42B | 2.56B | 2.17B | 2.05B | 1.94B | 2B | 1.86B | 1.82B | 1.69B | 1.75B | 1.66B | 1.81B | 1.71B | 1.68B | 1.72B | 1.65B | 1.64B | 1.6B | 1.6B |
| Net Debt | 228.64M | 2.04B | 2.18B | 1.92B | 1.82B | 1.77B | 1.39B | 1.58B | 1.62B | 1.52B | 1.54B | 1.43B | 1.53B | 1.47B | 1.56B | 1.52B | 1.51B | 1.39B | 1.39B | 1.31B |
| Debt / Equity | 0.17x | 0.84x | 0.92x | 0.81x | 0.80x | 0.78x | 0.84x | 0.80x | 0.82x | 0.77x | 0.82x | 0.83x | 1.16x | 1.07x | 1.13x | 1.23x | 1.27x | 1.27x | 1.23x | 1.32x |
| Debt / EBITDA | 2.49x | 6.73x | 8.17x | 7.12x | 7.74x | 6.46x | 6.93x | 7.34x | 7.63x | 5.66x | 5.94x | 5.59x | 24.53x | 10.27x | 12.52x | 11.39x | 10.98x | 40.22x | 10.61x | 63.17x |
| Net Debt / EBITDA | 1.15x | 5.69x | 6.95x | 6.30x | 6.85x | 5.91x | 4.80x | 6.25x | 6.79x | 5.09x | 5.24x | 4.80x | 20.71x | 8.82x | 11.61x | 10.08x | 10.09x | 34.12x | 9.21x | 51.75x |
| Interest Coverage | 3.25x | 10.56x | 7.99x | 9.31x | 8.48x | 9.90x | 9.79x | 7.38x | 7.82x | 11.98x | 11.34x | 3.59x | 2.42x | 6.84x | 5.75x | 6.69x | 7.05x | 2.00x | 7.14x | 1.36x |
| Total Equity | 2.87B | 2.87B | 2.78B | 2.67B | 2.56B | 2.48B | 2.37B | 2.32B | 2.24B | 2.19B | 2.12B | 2.01B | 1.55B | 1.6B | 1.49B | 1.4B | 1.3B | 1.29B | 1.3B | 1.21B |
| Equity Growth % | 12.22% | 15.8% | 16.95% | 15.21% | 14.52% | 13.23% | 11.83% | 15.38% | 43.77% | 36.62% | 42.22% | 43.82% | 19.91% | 24.1% | 14.83% | 14.93% | 7.68% | 10.08% | 1.23% | -17.69% |
| Book Value per Share | 70.24 | 69.77 | 67.21 | 64.86 | 62.07 | 60.09 | 56.92 | 55.50 | 53.59 | 52.11 | 52.79 | 50.52 | 38.68 | 39.90 | 37.72 | 35.25 | 31.46 | 30.77 | 30.55 | 28.47 |
| Total Shareholders' Equity | 2.87B | 2.87B | 2.78B | 2.67B | 2.56B | 2.48B | 2.37B | 2.32B | 2.24B | 2.19B | 2.12B | 2.01B | 1.55B | 1.6B | 1.49B | 1.4B | 1.3B | 1.29B | 1.3B | 1.21B |
| Common Stock | 0 | 30.78M | 30.76M | 30.76M | 30.75M | 30.74M | 30.71M | 30.71M | 30.71M | 30.7M | 30.67M | 28.83M | 28.83M | 28.83M | 28.79M | 28.79M | 28.79M | 28.79M | 28.75M | 28.76M |
| Retained Earnings | 2.7B | 2.98B | 2.84B | 2.73B | 2.63B | 2.54B | 2.44B | 2.34B | 2.26B | 2.2B | 2.1B | 1.98B | 1.79B | 1.84B | 1.72B | 1.63B | 1.51B | 1.39B | 1.37B | 1.25B |
| Treasury Stock | -345.15M | -345.15M | -300.14M | -300.14M | -300.14M | -294.99M | -291.44M | -254.53M | -254.53M | -244.31M | -204.13M | -199.38M | -360M | -357.09M | -344.54M | -344.54M | -326.24M | -205.07M | -176.9M | -136.48M |
| Accumulated OCI | 0 | -15.94M | -15.94M | -15.75M | -15.75M | -15.75M | -15.75M | -9.33M | -9.33M | -9.33M | -9.33M | -11.45M | -11.45M | -11.45M | -11.45M | -18.53M | -18.53M | -18.67M | -18.67M | -24.1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |