Montana Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
Montana Aerospace has a total shareholder equity of €895.2M and total debt of €442.0M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are €1.9B and €1.0B respectively. Montana Aerospace's EBIT is €53.0M making its interest coverage ratio 1.2. It has cash and short-term investments of €116.5M.
Key information
49.4%
Debt to equity ratio
€442.05m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €116.54m |
| Equity | €895.17m |
| Total liabilities | €1.03b |
| Total assets | €1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEROZ's short term assets (€923.6M) exceed its short term liabilities (€485.9M).
Long Term Liabilities: AEROZ's short term assets (€923.6M) exceed its long term liabilities (€544.2M).
Debt to Equity History and Analysis
Debt Level: AEROZ's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: AEROZ's debt to equity ratio has reduced from 266.7% to 49.4% 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 AEROZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AEROZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.2% per year.