Avation Balance Sheet Health

Financial Health criteria checks 2/6

Avation has a total shareholder equity of $230.5M and total debt of $742.8M, which brings its debt-to-equity ratio to 322.3%. Its total assets and total liabilities are $1.2B and $941.9M respectively. Avation's EBIT is $31.7M making its interest coverage ratio 0.7. It has cash and short-term investments of $160.9M.

Key information

322.3%

Debt to equity ratio

US$742.85m

Debt

Interest coverage ratio	0.7x
Cash	US$160.86m
Equity	US$230.50m
Total liabilities	US$941.93m
Total assets	US$1.17b

Recent financial health updates

Recent updates

There's Reason For Concern Over Avation PLC's (LON:AVAP) Massive 27% Price Jump

May 21

Should You Investigate Avation PLC (LON:AVAP) At UK£1.10?

Jul 13

Avation (LON:AVAP) Takes On Some Risk With Its Use Of Debt

Mar 07

Avation (LON:AVAP) Will Be Hoping To Turn Its Returns On Capital Around

Dec 14

What Does Avation PLC's (LON:AVAP) Share Price Indicate?

Nov 11

Investors Met With Slowing Returns on Capital At Avation (LON:AVAP)

Aug 09

Is There Now An Opportunity In Avation PLC (LON:AVAP)?

Feb 15

Is Avation (LON:AVAP) A Risky Investment?

Nov 02

Returns At Avation (LON:AVAP) Appear To Be Weighed Down

Sep 07

Avation's (LON:AVAP) Returns Have Hit A Wall

Apr 28

Is Avation PLC (LON:AVAP) Trading At A 20% Discount?

Apr 03

Is Avation (LON:AVAP) Using Too Much Debt?

Mar 13

Would Shareholders Who Purchased Avation's (LON:AVAP) Stock Year Be Happy With The Share price Today?

Feb 20

When Should You Buy Avation PLC (LON:AVAP)?

Jan 30

Financial Position Analysis

Short Term Liabilities: AVAP's short term assets ($224.2M) exceed its short term liabilities ($138.7M).

Long Term Liabilities: AVAP's short term assets ($224.2M) do not cover its long term liabilities ($803.2M).

Debt to Equity History and Analysis

Debt Level: AVAP's net debt to equity ratio (252.5%) is considered high.

Reducing Debt: AVAP's debt to equity ratio has reduced from 408.4% to 322.3% over the past 5 years.

Debt Coverage: AVAP's debt is not well covered by operating cash flow (8.6%).

Interest Coverage: AVAP's interest payments on its debt are not well covered by EBIT (0.7x coverage).

Avation Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Avation (LON:AVAP) Takes On Some Risk With Its Use Of Debt

Is Avation (LON:AVAP) A Risky Investment?

Is Avation (LON:AVAP) Using Too Much Debt?

Recent updates

Avation PLC to Report Fiscal Year 2024 Results on Sep 26, 2024

New minor risk - Financial data availability

Non-Executive Director recently sold UK£201k worth of stock

Price target increased by 12% to UK£2.40

There's Reason For Concern Over Avation PLC's (LON:AVAP) Massive 27% Price Jump

New minor risk - Market cap size

Avation PLC to Report First Half, 2024 Results on Mar 01, 2024

Executive Chairman recently sold UK£375k worth of stock

Full year 2023 earnings released: EPS: US$0.17 (vs US$0.25 in FY 2022)

Avation PLC, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings released: EPS: US$0.17 (vs US$0.25 in FY 2022)

New minor risk - Financial data availability

New minor risk - Financial data availability

New minor risk - Market cap size

Should You Investigate Avation PLC (LON:AVAP) At UK£1.10?

Avation PLC to Report Fiscal Year 2023 Results on Sep 28, 2023

Avation (LON:AVAP) Takes On Some Risk With Its Use Of Debt

First half 2023 earnings released: EPS: US$0.12 (vs US$0.22 loss in 1H 2022)

Price target decreased by 22% to UK£1.85

Avation PLC to Report First Half, 2023 Results on Mar 03, 2023

Board Member recently sold UK£172k worth of stock

Investor sentiment improves as stock rises 17%

Consensus forecasts updated

Avation plc Has Appoints Mark Shelton as Non-Executive Director

Avation (LON:AVAP) Will Be Hoping To Turn Its Returns On Capital Around

Avation PLC, Annual General Meeting, Dec 13, 2022

Avation PLC, Annual General Meeting, Dec 13, 2022

Price target increased to UK£2.38

Insufficient new directors

Investor sentiment improved over the past week

What Does Avation PLC's (LON:AVAP) Share Price Indicate?

Full year 2022 earnings: EPS and revenues miss analyst expectations

Avation PLC Provides Earnings Guidance for the Year Ended June 30, 2022

Investors Met With Slowing Returns on Capital At Avation (LON:AVAP)

Avation PLC to Report Fiscal Year 2022 Results on Oct 06, 2022

Avation plc Appoints Michael Dela Cruz as Head of Technical

Price target decreased to UK£1.49

Insufficient new directors

Avation PLC Appoints Soeren Ferre as Head of Commercial Development

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Is There Now An Opportunity In Avation PLC (LON:AVAP)?

Is Avation (LON:AVAP) A Risky Investment?

Full year 2021 earnings released: US$1.31 loss per share (vs US$0.15 profit in FY 2020)

Full year 2021 earnings released: US$1.31 loss per share (vs US$0.15 profit in FY 2020)

Returns At Avation (LON:AVAP) Appear To Be Weighed Down

Avation's (LON:AVAP) Returns Have Hit A Wall

Is Avation PLC (LON:AVAP) Trading At A 20% Discount?

Is Avation (LON:AVAP) Using Too Much Debt?

Avation PLC to Report First Half, 2021 Results on Feb 26, 2021

Would Shareholders Who Purchased Avation's (LON:AVAP) Stock Year Be Happy With The Share price Today?

Investor sentiment improved over the past week

Avation plc Announces New ATR72 Aircraft Lease

When Should You Buy Avation PLC (LON:AVAP)?

Investor sentiment deteriorated over the past week

New 90-day high: UK£1.38

Market bids up stock over the past week

Revenue misses expectations

Full year earnings released - EPS UK£0.15

Annual earnings released: Revenue misses expectations

Avation PLC Announces Fleet and Lease Transaction Update

New 90-day low: UK£1.18

New 90-day low - UK£1.32

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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