Antares Vision Balance Sheet Health
Financial Health criteria checks 4/6
Antares Vision has a total shareholder equity of €308.9M and total debt of €134.8M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are €582.0M and €273.1M respectively. Antares Vision's EBIT is €17.0M making its interest coverage ratio -6.1. It has cash and short-term investments of €87.9M.
Key information
43.6%
Debt to equity ratio
€134.78m
Debt
| Interest coverage ratio | -6.1x |
| Cash | €87.92m |
| Equity | €308.85m |
| Total liabilities | €273.14m |
| Total assets | €581.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVM's short term assets (€259.4M) exceed its short term liabilities (€104.9M).
Long Term Liabilities: AVM's short term assets (€259.4M) exceed its long term liabilities (€168.3M).
Debt to Equity History and Analysis
Debt Level: AVM's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: AVM's debt to equity ratio has increased from 19% to 43.6% over the past 5 years.
Debt Coverage: AVM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVM earns more interest than it pays, so coverage of interest payments is not a concern.