Athens International Airport Balance Sheet Health
Financial Health criteria checks 2/6
Athens International Airport has a total shareholder equity of €490.4M and total debt of €956.6M, which brings its debt-to-equity ratio to 195.1%. Its total assets and total liabilities are €2.1B and €1.6B respectively. Athens International Airport's EBIT is €213.4M making its interest coverage ratio 6. It has cash and short-term investments of €306.9M.
Key information
195.1%
Debt to equity ratio
€956.59m
Debt
Interest coverage ratio | 6x |
Cash | €306.93m |
Equity | €490.39m |
Total liabilities | €1.59b |
Total assets | €2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIA's short term assets (€367.3M) do not cover its short term liabilities (€409.0M).
Long Term Liabilities: AIA's short term assets (€367.3M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: AIA's net debt to equity ratio (132.5%) is considered high.
Reducing Debt: AIA's debt to equity ratio has increased from 45.4% to 195.1% over the past 5 years.
Debt Coverage: AIA's debt is well covered by operating cash flow (35.6%).
Interest Coverage: AIA's interest payments on its debt are well covered by EBIT (6x coverage).