Montana Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
Montana Aerospace has a total shareholder equity of €934.4M and total debt of €442.2M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are €1.9B and €1.0B respectively. Montana Aerospace's EBIT is €7.5M making its interest coverage ratio 0.2. It has cash and short-term investments of €176.1M.
Key information
47.3%
Debt to equity ratio
€442.16m
Debt
Interest coverage ratio | 0.2x |
Cash | €176.11m |
Equity | €934.36m |
Total liabilities | €1.00b |
Total assets | €1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEROZ's short term assets (€787.3M) exceed its short term liabilities (€452.2M).
Long Term Liabilities: AEROZ's short term assets (€787.3M) exceed its long term liabilities (€548.9M).
Debt to Equity History and Analysis
Debt Level: AEROZ's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: AEROZ's debt to equity ratio has reduced from 189.3% to 47.3% 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 37.4% per year.