Avantor, Inc.
Supplier Financial Health Report
Overview
June 2024
USA
Incorporated Country
14,500
Number of Employees
A+
Credit Rating
1
Count of Funding Rounds
Five-Year Financial Trend Analysis for Avantor, Inc.
CONSTANT
Credit Trend
35.84%
Total Balance Sheet Growth Rate
-9.20%
Total Debt Growth Rate
The company's financial position is further strengthened by its strong credit rating of A+ and an excellent credit score of 97, which indicates a strong financial health and low credit risk. The credit trend has remained constant, which is a favorable sign. Avantor's cash position has also been on the rise, increasing from $184.7M in 2018 to $372.9M in 2022, a 101.89% change.
However, the company's total debt and liabilities have shown a decrease, dropping from $6.92B in 2018 to $6.29B in 2022, and from $9.1B in 2018 to $8.61B in 2022, respectively. This trend is a positive sign, as it indicates that the company is reducing its debt and liabilities. The stockholders equity has also shown a significant increase, rising from -$3.05B in 2018 to $4.86B in 2022, a 259.10% change.
The net income trend has also been positive, rising from -$145.3M in 2017 to $686.5M in 2022, a 572.47% change. The EBITDA trend has followed a similar pattern, increasing from $814.6M in 2018 to $1.52B in 2022, an 86.89% change. The net operating cash flow trend has also shown a significant increase, rising from -$167.5M in 2017 to $843.6M in 2022, a 603.64% change. The free cash flow trend has followed a similar trend, increasing from $162.8M in 2018 to $710.2M in 2022, a 336.24% change.
Avantor's revenue is diversified across various countries, with Germany being the largest market, accounting for 12.03% of the revenue in the most recent period. The United Kingdom, France, Italy, and the Russian Federation are also significant markets for the company.
Despite the positive financial trends, it is important to note that there is limited information available about the company's funding history, with only one funding round recorded and no total funding amount or number of investments or exits provided. This makes it difficult to assess the company's growth trajectory and investment activity. Overall, Avantor's financial health is strong, with a robust revenue trend, a strong credit position, and increasing cash and equity positions.
Financial Health Risk Assessment for Avantor, Inc.
LOW
Credit Risk
LOW
Bankruptcy Risk
MEDIUM
Financial Health Risk
However, there are areas of concern that merit further investigation. The company's quick ratio of 0.96 suggests that it may not be able to cover its short-term obligations with its most liquid assets. This could potentially limit the company's ability to respond to unexpected financial challenges. Additionally, the debt-to-equity ratio of 1.77 indicates that Avantor is using more debt than equity to finance its growth. While the debt ratio of 0.47 is relatively low, a higher debt-to-equity ratio could increase financial risk for the company.
Another concern is the limited information available about Avantor's funding history. With only one funding round recorded and no total funding amount or number of investments or exits provided, it is difficult to assess the company's growth trajectory and investment activity. This lack of transparency could be a concern for investors looking to make informed decisions about the company's financial health.
Overall, while Avantor's financial health is generally strong, these areas of concern merit further investigation to ensure the company's long-term financial stability. It is recommended that investors closely monitor the company's liquidity position and consider the implications of its debt-to-equity ratio. Additionally, more information about Avantor's funding history would be beneficial for a complete assessment of its financial health.
List of UEIs for Avantor, Inc.
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