Avio Balance Sheet Health
Financial Health criteria checks 5/6
Avio has a total shareholder equity of €310.4M and total debt of €12.1M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are €1.1B and €744.8M respectively. Avio's EBIT is €3.5M making its interest coverage ratio -0.8. It has cash and short-term investments of €95.6M.
Key information
3.9%
Debt to equity ratio
€12.09m
Debt
| Interest coverage ratio | -0.8x |
| Cash | €95.59m |
| Equity | €310.35m |
| Total liabilities | €744.75m |
| Total assets | €1.06b |
Recent financial health updates
We Think Avio (BIT:AVIO) Is Taking Some Risk With Its Debt
Oct 18
Here's Why Avio (BIT:AVIO) Has A Meaningful Debt Burden
Mar 22Recent updates
Returns On Capital At Avio (BIT:AVIO) Paint A Concerning Picture
Apr 19Results: Avio S.p.A. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 18Avio (BIT:AVIO) Is Experiencing Growth In Returns On Capital
Dec 22We Think Avio (BIT:AVIO) Is Taking Some Risk With Its Debt
Oct 18Investors Can Find Comfort In Avio's (BIT:AVIO) Earnings Quality
Sep 18Industry Analysts Just Made A Notable Upgrade To Their Avio S.p.A. (BIT:AVIO) Revenue Forecasts
Jun 12Upgrade: Analysts Just Made A Notable Increase To Their Avio S.p.A. (BIT:AVIO) Forecasts
Apr 15Things Look Grim For Avio S.p.A. (BIT:AVIO) After Today's Downgrade
Mar 24Here's Why Avio (BIT:AVIO) Has A Meaningful Debt Burden
Mar 22Is Avio S.p.A. (BIT:AVIO) Popular Amongst Institutions?
Mar 02Shareholders of Avio (BIT:AVIO) Must Be Delighted With Their 945% Total Return
Feb 04
Avio S.p.A.'s (BIT:AVIO) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 14Is Avio S.p.A. (BIT:AVIO) Popular Amongst Institutions?
Nov 23Financial Position Analysis
Short Term Liabilities: AVIO's short term assets (€529.5M) do not cover its short term liabilities (€627.7M).
Long Term Liabilities: AVIO's short term assets (€529.5M) exceed its long term liabilities (€117.1M).
Debt to Equity History and Analysis
Debt Level: AVIO has more cash than its total debt.
Reducing Debt: AVIO's debt to equity ratio has reduced from 20% to 3.9% over the past 5 years.
Debt Coverage: AVIO's debt is well covered by operating cash flow (351.2%).
Interest Coverage: AVIO earns more interest than it pays, so coverage of interest payments is not a concern.