Montana Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
Montana Aerospace has a total shareholder equity of €933.8M and total debt of €436.4M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are €1.9B and €976.6M respectively. Montana Aerospace's EBIT is €26.8M making its interest coverage ratio 0.6. It has cash and short-term investments of €127.0M.
Key information
46.7%
Debt to equity ratio
€436.44m
Debt
Interest coverage ratio | 0.6x |
Cash | €126.96m |
Equity | €933.79m |
Total liabilities | €976.62m |
Total assets | €1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AAI's short term assets (€758.7M) exceed its short term liabilities (€406.2M).
Long Term Liabilities: 0AAI's short term assets (€758.7M) exceed its long term liabilities (€570.4M).
Debt to Equity History and Analysis
Debt Level: 0AAI's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 0AAI's debt to equity ratio has reduced from 213.5% to 46.7% 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 0AAI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0AAI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.9% per year.