Montana Aerospace Balance Sheet Health
Financial Health criteria checks 5/6
Montana Aerospace has a total shareholder equity of €940.3M and total debt of €643.8M, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are €2.1B and €1.2B respectively. Montana Aerospace's EBIT is €12.6M making its interest coverage ratio 0.4. It has cash and short-term investments of €310.7M.
Key information
68.5%
Debt to equity ratio
€643.78m
Debt
Interest coverage ratio | 0.4x |
Cash | €310.74m |
Equity | €940.30m |
Total liabilities | €1.19b |
Total assets | €2.13b |
Recent financial health updates
No updates
Recent updates
Montana 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 (€964.1M) exceed its short term liabilities (€575.3M).
Long Term Liabilities: AERO's short term assets (€964.1M) exceed its long term liabilities (€618.2M).
Debt to Equity History and Analysis
Debt Level: AERO's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AERO's debt to equity ratio has reduced 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 32.6% per year.