StandardAero Balance Sheet Health
Financial Health criteria checks 3/6
StandardAero has a total shareholder equity of $1.2B and total debt of $3.3B, which brings its debt-to-equity ratio to 281.4%. Its total assets and total liabilities are $5.8B and $4.6B respectively. StandardAero's EBIT is $365.2M making its interest coverage ratio 1.2. It has cash and short-term investments of $65.0M.
Key information
281.4%
Debt to equity ratio
US$3.26b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$65.02m |
| Equity | US$1.16b |
| Total liabilities | US$4.60b |
| Total assets | US$5.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SARO's short term assets ($2.2B) exceed its short term liabilities ($999.9M).
Long Term Liabilities: SARO's short term assets ($2.2B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: SARO's net debt to equity ratio (275.8%) is considered high.
Reducing Debt: Insufficient data to determine if SARO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SARO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SARO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.9% per year.