Montana Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
Montana Aerospace has a total shareholder equity of €895.2M and total debt of €442.0M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are €1.9B and €1.0B respectively. Montana Aerospace's EBIT is €53.0M making its interest coverage ratio 1.2. It has cash and short-term investments of €116.5M.
Key information
49.4%
Debt to equity ratio
€442.05m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €116.54m |
| Equity | €895.17m |
| Total liabilities | €1.03b |
| Total assets | €1.93b |
Recent financial health updates
Does Montana Aerospace (VTX:AERO) Have A Healthy Balance Sheet?
Dec 18
Is Montana Aerospace (VTX:AERO) A Risky Investment?
Apr 29Recent updates
Does Montana Aerospace (VTX:AERO) Have A Healthy Balance Sheet?
Dec 18Montana Aerospace AG's (VTX:AERO) Revenues Are Not Doing Enough For Some Investors
Nov 12Is Montana Aerospace (VTX:AERO) A Risky Investment?
Apr 29Calculating The Intrinsic Value Of Montana Aerospace AG (VTX:AERO)
Apr 06Montana Aerospace AG's (VTX:AERO) Subdued P/S Might Signal An Opportunity
Mar 09The Returns On Capital At Montana Aerospace (VTX:AERO) Don't Inspire Confidence
Jan 19Montana Aerospace AG (VTX:AERO) Soars 39% But It's A Story Of Risk Vs Reward
Nov 17Montana Aerospace AG (VTX:AERO) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Aug 21Analysts' Revenue Estimates For Montana Aerospace AG (VTX:AERO) Are Surging Higher
Apr 06Financial Position Analysis
Short Term Liabilities: AERO's short term assets (€923.6M) exceed its short term liabilities (€485.9M).
Long Term Liabilities: AERO's short term assets (€923.6M) exceed its long term liabilities (€544.2M).
Debt to Equity History and Analysis
Debt Level: AERO's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: AERO's debt to equity ratio has reduced from 266.7% to 49.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AERO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AERO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 04:35 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Montana Aerospace AG is covered by 11 analysts. 5 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 |
|---|---|
| Andrew Gollan | Berenberg |
| Philip Buller | Berenberg |
| Ross Law | Berenberg |