Avio Balance Sheet Health
Financial Health criteria checks 5/6
Avio has a total shareholder equity of €310.4M and total debt of €12.1M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are €1.1B and €744.8M respectively. Avio's EBIT is €3.5M making its interest coverage ratio -0.8. It has cash and short-term investments of €95.6M.
Key information
3.9%
Debt to equity ratio
€12.09m
Debt
| Interest coverage ratio | -0.8x |
| Cash | €95.59m |
| Equity | €310.35m |
| Total liabilities | €744.75m |
| Total assets | €1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2ZP's short term assets (€529.5M) do not cover its short term liabilities (€627.7M).
Long Term Liabilities: 2ZP's short term assets (€529.5M) exceed its long term liabilities (€117.1M).
Debt to Equity History and Analysis
Debt Level: 2ZP has more cash than its total debt.
Reducing Debt: 2ZP's debt to equity ratio has reduced from 20% to 3.9% over the past 5 years.
Debt Coverage: 2ZP's debt is well covered by operating cash flow (351.2%).
Interest Coverage: 2ZP earns more interest than it pays, so coverage of interest payments is not a concern.