Avio Balance Sheet Health
Financial Health criteria checks 4/6
Avio has a total shareholder equity of €303.7M and total debt of €7.8M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are €1.0B and €729.1M respectively. Avio's EBIT is €8.7M making its interest coverage ratio -2.5. It has cash and short-term investments of €35.8M.
Key information
2.6%
Debt to equity ratio
€7.77m
Debt
| Interest coverage ratio | -2.5x |
| Cash | €35.77m |
| Equity | €303.69m |
| Total liabilities | €729.08m |
| Total assets | €1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R9S's short term assets (€511.5M) do not cover its short term liabilities (€618.0M).
Long Term Liabilities: 0R9S's short term assets (€511.5M) exceed its long term liabilities (€111.1M).
Debt to Equity History and Analysis
Debt Level: 0R9S has more cash than its total debt.
Reducing Debt: 0R9S's debt to equity ratio has reduced from 23.3% to 2.6% over the past 5 years.
Debt Coverage: 0R9S's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0R9S earns more interest than it pays, so coverage of interest payments is not a concern.