Athens International Airport Balance Sheet Health
Financial Health criteria checks 2/6
Athens International Airport has a total shareholder equity of €488.5M and total debt of €928.9M, which brings its debt-to-equity ratio to 190.2%. Its total assets and total liabilities are €1.9B and €1.4B respectively. Athens International Airport's EBIT is €221.8M making its interest coverage ratio 8.6. It has cash and short-term investments of €151.1M.
Key information
190.2%
Debt to equity ratio
€928.85m
Debt
| Interest coverage ratio | 8.6x |
| Cash | €151.12m |
| Equity | €488.48m |
| Total liabilities | €1.45b |
| Total assets | €1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9O1's short term assets (€248.8M) do not cover its short term liabilities (€285.9M).
Long Term Liabilities: 9O1's short term assets (€248.8M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: 9O1's net debt to equity ratio (159.2%) is considered high.
Reducing Debt: 9O1's debt to equity ratio has increased from 61.1% to 190.2% over the past 5 years.
Debt Coverage: 9O1's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 9O1's interest payments on its debt are well covered by EBIT (8.6x coverage).