Amer Sports Balance Sheet Health
Financial Health criteria checks 3/6
Amer Sports has a total shareholder equity of $4.1B and total debt of $2.3B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are $8.8B and $4.7B respectively. Amer Sports's EBIT is $336.8M making its interest coverage ratio 1.3. It has cash and short-term investments of $312.0M.
Key information
55.2%
Debt to equity ratio
US$2.27b
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$312.00m |
| Equity | US$4.11b |
| Total liabilities | US$4.72b |
| Total assets | US$8.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 483's short term assets ($2.5B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: 483's short term assets ($2.5B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: 483's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: Insufficient data to determine if 483'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 483 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 483 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.5% per year.