Porto Aviation Group Balance Sheet Health
Financial Health criteria checks 4/6
Porto Aviation Group has a total shareholder equity of €1.8M and total debt of €1.2M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are €5.2M and €3.3M respectively. Porto Aviation Group's EBIT is €278.7K making its interest coverage ratio 30.8. It has cash and short-term investments of €1.6M.
Key information
69.1%
Debt to equity ratio
€1.25m
Debt
Interest coverage ratio | 30.8x |
Cash | €1.62m |
Equity | €1.80m |
Total liabilities | €3.35m |
Total assets | €5.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAG's short term assets (€3.8M) exceed its short term liabilities (€1.9M).
Long Term Liabilities: PAG's short term assets (€3.8M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: PAG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PAG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PAG's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: PAG's interest payments on its debt are well covered by EBIT (30.8x coverage).