Ayvens Balance Sheet Health
Financial Health criteria checks 2/6
Ayvens has a total shareholder equity of €11.0B and total debt of €40.6B, which brings its debt-to-equity ratio to 370.3%. Its total assets and total liabilities are €74.5B and €63.5B respectively. Ayvens's EBIT is €2.5B making its interest coverage ratio 1.4. It has cash and short-term investments of €5.4B.
Key information
370.3%
Debt to equity ratio
€40.60b
Debt
| Interest coverage ratio | 1.4x |
| Cash | €5.40b |
| Equity | €10.97b |
| Total liabilities | €63.49b |
| Total assets | €74.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3AL's short term assets (€16.1B) exceed its short term liabilities (€6.1B).
Long Term Liabilities: 3AL's short term assets (€16.1B) do not cover its long term liabilities (€57.4B).
Debt to Equity History and Analysis
Debt Level: 3AL's net debt to equity ratio (321.1%) is considered high.
Reducing Debt: 3AL's debt to equity ratio has reduced from 480.1% to 370.3% over the past 5 years.
Debt Coverage: 3AL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3AL's interest payments on its debt are not well covered by EBIT (1.4x coverage).