Avantor Balance Sheet Health
Financial Health criteria checks 2/6
Avantor has a total shareholder equity of $5.6B and total debt of $4.9B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are $12.8B and $7.3B respectively. Avantor's EBIT is $671.3M making its interest coverage ratio 2.7. It has cash and short-term investments of $285.3M.
Key information
88.3%
Debt to equity ratio
US$4.90b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$285.30m |
| Equity | US$5.55b |
| Total liabilities | US$7.29b |
| Total assets | US$12.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVTR's short term assets ($2.5B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: AVTR's short term assets ($2.5B) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: AVTR's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: AVTR's debt to equity ratio has reduced from 215.2% to 88.3% over the past 5 years.
Debt Coverage: AVTR's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: AVTR's interest payments on its debt are not well covered by EBIT (2.7x coverage).