Aena S.M.E Balance Sheet Health
Financial Health criteria checks 3/6
Aena S.M.E has a total shareholder equity of €7.2B and total debt of €7.9B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are €16.7B and €9.5B respectively. Aena S.M.E's EBIT is €2.4B making its interest coverage ratio 8.9. It has cash and short-term investments of €1.5B.
Key information
110.3%
Debt to equity ratio
€7.89b
Debt
| Interest coverage ratio | 8.9x |
| Cash | €1.50b |
| Equity | €7.15b |
| Total liabilities | €9.53b |
| Total assets | €16.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AENA's short term assets (€2.6B) do not cover its short term liabilities (€3.1B).
Long Term Liabilities: AENA's short term assets (€2.6B) do not cover its long term liabilities (€6.4B).
Debt to Equity History and Analysis
Debt Level: AENA's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: AENA's debt to equity ratio has reduced from 130.4% to 110.3% over the past 5 years.
Debt Coverage: AENA's debt is well covered by operating cash flow (32.6%).
Interest Coverage: AENA's interest payments on its debt are well covered by EBIT (8.9x coverage).