Avioane Craiova Balance Sheet Health

Financial Health criteria checks 6/6

Avioane Craiova has a total shareholder equity of RON55.9M and total debt of RON0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are RON332.2M and RON276.3M respectively. Avioane Craiova's EBIT is RON16.1M making its interest coverage ratio 7.3. It has cash and short-term investments of RON53.0M.

Key information

Debt to equity ratio

RON 0

Debt

Interest coverage ratio	7.3x
Cash	RON 53.05m
Equity	RON 55.93m
Total liabilities	RON 276.28m
Total assets	RON 332.21m

Recent financial health updates

No updates

Recent updates

Investors Still Aren't Entirely Convinced By Avioane Craiova S.A.'s (BVB:AVIO) Revenues Despite 44% Price Jump

Aug 23

Avioane Craiova S.A. (BVB:AVIO) Doing What It Can To Lift Shares

May 24

Financial Position Analysis

Short Term Liabilities: AVIO's short term assets (RON280.8M) exceed its short term liabilities (RON114.0M).

Long Term Liabilities: AVIO's short term assets (RON280.8M) exceed its long term liabilities (RON162.3M).

Debt to Equity History and Analysis

Debt Level: AVIO is debt free.

Reducing Debt: AVIO had no debt 5 years ago.

Debt Coverage: AVIO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AVIO has no debt, therefore coverage of interest payments is not a concern.