Alliance Aviation Services Balance Sheet Health
Financial Health criteria checks 2/6
Alliance Aviation Services has a total shareholder equity of A$410.7M and total debt of A$337.1M, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are A$998.8M and A$588.1M respectively. Alliance Aviation Services's EBIT is A$104.5M making its interest coverage ratio 5.9. It has cash and short-term investments of A$31.2M.
Key information
82.1%
Debt to equity ratio
AU$337.08m
Debt
| Interest coverage ratio | 5.9x |
| Cash | AU$31.23m |
| Equity | AU$410.74m |
| Total liabilities | AU$588.06m |
| Total assets | AU$998.80m |
Recent financial health updates
Does Alliance Aviation Services (ASX:AQZ) Have A Healthy Balance Sheet?
May 23
Alliance Aviation Services (ASX:AQZ) Seems To Use Debt Quite Sensibly
Feb 13Does Alliance Aviation Services (ASX:AQZ) Have A Healthy Balance Sheet?
Aug 11Recent updates
Additional Considerations Required While Assessing Alliance Aviation Services' (ASX:AQZ) Strong Earnings
Sep 05Alliance Aviation Services Limited Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next
Aug 13If You Like EPS Growth Then Check Out Alliance Aviation Services (ASX:AQZ) Before It's Too Late
Jun 05Does Alliance Aviation Services (ASX:AQZ) Have A Healthy Balance Sheet?
May 23Is Now An Opportune Moment To Examine Alliance Aviation Services Limited (ASX:AQZ)?
Apr 28Alliance Aviation Services (ASX:AQZ) Is Looking To Continue Growing Its Returns On Capital
Apr 10Don't Ignore The Fact That This Insider Just Sold Some Shares In Alliance Aviation Services Limited (ASX:AQZ)
Mar 17Alliance Aviation Services (ASX:AQZ) Has Rewarded Shareholders With An Exceptional 917% Total Return On Their Investment
Mar 10Do Alliance Aviation Services's (ASX:AQZ) Earnings Warrant Your Attention?
Feb 25Alliance Aviation Services (ASX:AQZ) Seems To Use Debt Quite Sensibly
Feb 13Has Alliance Aviation Services Limited's (ASX:AQZ) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 02Should You Rely On Alliance Aviation Services's (ASX:AQZ) Earnings Growth?
Jan 18Here's What We Learned About The CEO Pay At Alliance Aviation Services Limited (ASX:AQZ)
Jan 03What Is The Ownership Structure Like For Alliance Aviation Services Limited (ASX:AQZ)?
Dec 19
Is Alliance Aviation Services Limited (ASX:AQZ) Potentially Undervalued?
Dec 05Shareholders of Alliance Aviation Services (ASX:AQZ) Must Be Delighted With Their 649% Total Return
Nov 23Is Alliance Aviation Services Limited (ASX:AQZ) Potentially Undervalued?
Aug 11Does Alliance Aviation Services (ASX:AQZ) Have A Healthy Balance Sheet?
Aug 11Are Investors Undervaluing Alliance Aviation Services Limited (ASX:AQZ) By 49%?
Jul 27Alliance Aviation Services's (ASX:AQZ) Earnings Are Growing But Is There More To The Story?
Jul 11Is Alliance Aviation Services Limited's(ASX:AQZ) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jun 23Financial Position Analysis
Short Term Liabilities: AQZ's short term assets (A$253.1M) exceed its short term liabilities (A$143.6M).
Long Term Liabilities: AQZ's short term assets (A$253.1M) do not cover its long term liabilities (A$444.5M).
Debt to Equity History and Analysis
Debt Level: AQZ's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: AQZ's debt to equity ratio has increased from 35.6% to 82.1% over the past 5 years.
Debt Coverage: AQZ's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: AQZ's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 06:23 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alliance Aviation Services Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Swapan Pandya | APP Securities Pty Ltd. |
| Paul Butler | Credit Suisse |
| Russell Wright | Maqro Capital |