Montana Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
Montana Aerospace has a total shareholder equity of €933.8M and total debt of €414.0M, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are €1.9B and €976.6M respectively. Montana Aerospace's EBIT is €26.8M making its interest coverage ratio 0.6. It has cash and short-term investments of €127.0M.
Key information
44.3%
Debt to equity ratio
€414.01m
Debt
Interest coverage ratio | 0.6x |
Cash | €126.96m |
Equity | €933.79m |
Total liabilities | €976.62m |
Total assets | €1.91b |
Recent financial health updates
Recent updates
Is 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 (€758.7M) exceed its short term liabilities (€406.2M).
Long Term Liabilities: AERO's short term assets (€758.7M) exceed its long term liabilities (€570.4M).
Debt to Equity History and Analysis
Debt Level: AERO's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: AERO's debt to equity ratio has reduced from 213.5% to 44.3% 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 42.9% per year.