Antares Vision Balance Sheet Health
Financial Health criteria checks 4/6
Antares Vision has a total shareholder equity of €295.3M and total debt of €155.2M, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are €584.4M and €289.1M respectively. Antares Vision's EBIT is €16.5M making its interest coverage ratio 32.3. It has cash and short-term investments of €77.1M.
Key information
52.6%
Debt to equity ratio
€155.25m
Debt
| Interest coverage ratio | 32.3x |
| Cash | €77.07m |
| Equity | €295.33m |
| Total liabilities | €289.06m |
| Total assets | €584.40m |
Recent financial health updates
Here's Why Antares Vision (BIT:AV) Can Manage Its Debt Responsibly
Nov 05
These 4 Measures Indicate That Antares Vision (BIT:AV) Is Using Debt Reasonably Well
Mar 16Antares Vision (BIT:AV) Takes On Some Risk With Its Use Of Debt
Mar 08Recent updates
The Returns On Capital At Antares Vision (BIT:AV) Don't Inspire Confidence
Mar 21Earnings Not Telling The Story For Antares Vision S.p.A. (BIT:AV) After Shares Rise 29%
Feb 13What Does Antares Vision S.p.A.'s (BIT:AV) Share Price Indicate?
Jan 18There Are Reasons To Feel Uneasy About Antares Vision's (BIT:AV) Returns On Capital
Dec 14Here's Why Antares Vision (BIT:AV) Can Manage Its Debt Responsibly
Nov 05Should You Think About Buying Antares Vision S.p.A. (BIT:AV) Now?
Oct 09Capital Allocation Trends At Antares Vision (BIT:AV) Aren't Ideal
Sep 13Antares Vision (BIT:AV) Is Reinvesting At Lower Rates Of Return
Oct 22Antares Vision S.p.A. (BIT:AV) Looks Just Right
Sep 15Is There Now An Opportunity In Antares Vision S.p.A. (BIT:AV)?
Aug 31Estimating The Intrinsic Value Of Antares Vision S.p.A. (BIT:AV)
Jul 06These 4 Measures Indicate That Antares Vision (BIT:AV) Is Using Debt Reasonably Well
Mar 16There Are Reasons To Feel Uneasy About Antares Vision's (BIT:AV) Returns On Capital
Dec 15Weak Statutory Earnings May Not Tell The Whole Story For Antares Vision (BIT:AV)
Mar 16Antares Vision (BIT:AV) Takes On Some Risk With Its Use Of Debt
Mar 08With A Return On Equity Of 13%, Has Antares Vision S.p.A.'s (BIT:AV) Management Done Well?
Feb 10Will Antares Vision (BIT:AV) Multiply In Value Going Forward?
Dec 20
Financial Position Analysis
Short Term Liabilities: AV's short term assets (€258.5M) exceed its short term liabilities (€109.1M).
Long Term Liabilities: AV's short term assets (€258.5M) exceed its long term liabilities (€180.0M).
Debt to Equity History and Analysis
Debt Level: AV's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: AV's debt to equity ratio has increased from 20.6% to 52.6% over the past 5 years.
Debt Coverage: AV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AV's interest payments on its debt are well covered by EBIT (32.3x coverage).