Avantor Balance Sheet Health
Financial Health criteria checks 2/6
Avantor has a total shareholder equity of $5.3B and total debt of $5.3B, which brings its debt-to-equity ratio to 98.5%. Its total assets and total liabilities are $12.8B and $7.4B respectively. Avantor's EBIT is $812.9M making its interest coverage ratio 2.8. It has cash and short-term investments of $252.9M.
Key information
98.5%
Debt to equity ratio
US$5.25b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$252.90m |
| Equity | US$5.34b |
| Total liabilities | US$7.43b |
| Total assets | US$12.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVG's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: AVG's short term assets ($2.3B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: AVG's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: AVG's debt to equity ratio has reduced from 849.2% to 98.5% over the past 5 years.
Debt Coverage: AVG's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: AVG's interest payments on its debt are not well covered by EBIT (2.8x coverage).