Avio Balance Sheet Health
Financial Health criteria checks 5/6
Avio has a total shareholder equity of €299.6M and total debt of €17.1M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are €1.3B and €1.0B respectively. Avio's EBIT is €7.8M making its interest coverage ratio -3.4. It has cash and short-term investments of €126.6M.
Key information
5.7%
Debt to equity ratio
€17.13m
Debt
| Interest coverage ratio | -3.4x |
| Cash | €126.61m |
| Equity | €299.64m |
| Total liabilities | €1.04b |
| Total assets | €1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVIOM's short term assets (€836.1M) do not cover its short term liabilities (€923.2M).
Long Term Liabilities: AVIOM's short term assets (€836.1M) exceed its long term liabilities (€117.2M).
Debt to Equity History and Analysis
Debt Level: AVIOM has more cash than its total debt.
Reducing Debt: AVIOM's debt to equity ratio has reduced from 18.8% to 5.7% over the past 5 years.
Debt Coverage: AVIOM's debt is well covered by operating cash flow (603.5%).
Interest Coverage: AVIOM earns more interest than it pays, so coverage of interest payments is not a concern.