StandardAero Balance Sheet Health
Financial Health criteria checks 1/6
StandardAero has a total shareholder equity of $1.2B and total debt of $3.4B, which brings its debt-to-equity ratio to 295%. Its total assets and total liabilities are $6.1B and $4.9B respectively. StandardAero's EBIT is $389.8M making its interest coverage ratio 1.2. It has cash and short-term investments of $51.6M.
Key information
295.0%
Debt to equity ratio
US$3.43b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$51.55m |
| Equity | US$1.16b |
| Total liabilities | US$4.90b |
| Total assets | US$6.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SARO's short term assets ($2.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SARO's short term assets ($2.4B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: SARO's net debt to equity ratio (290.6%) is considered high.
Reducing Debt: Insufficient data to determine if SARO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SARO's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: SARO's interest payments on its debt are not well covered by EBIT (1.2x coverage).