Aquirian Balance Sheet Health
Financial Health criteria checks 2/6
Aquirian has a total shareholder equity of A$11.3M and total debt of A$14.0M, which brings its debt-to-equity ratio to 124.4%. Its total assets and total liabilities are A$33.4M and A$22.1M respectively. Aquirian's EBIT is A$254.2K making its interest coverage ratio 0.5. It has cash and short-term investments of A$4.7M.
Key information
124.4%
Debt to equity ratio
AU$14.01m
Debt
| Interest coverage ratio | 0.5x |
| Cash | AU$4.73m |
| Equity | AU$11.27m |
| Total liabilities | AU$22.12m |
| Total assets | AU$33.38m |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Aquirian's (ASX:AQN) Returns On Capital
Nov 01
Aquirian Limited (ASX:AQN) Doing What It Can To Lift Shares
Sep 12Aquirian (ASX:AQN) Might Be Having Difficulty Using Its Capital Effectively
May 13Aquirian (ASX:AQN) Has A Pretty Healthy Balance Sheet
Feb 29Pinning Down Aquirian Limited's (ASX:AQN) P/E Is Difficult Right Now
Oct 19Some Investors May Be Worried About Aquirian's (ASX:AQN) Returns On Capital
Jun 09Financial Position Analysis
Short Term Liabilities: AQN's short term assets (A$9.6M) exceed its short term liabilities (A$8.0M).
Long Term Liabilities: AQN's short term assets (A$9.6M) do not cover its long term liabilities (A$14.1M).
Debt to Equity History and Analysis
Debt Level: AQN's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: Insufficient data to determine if AQN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AQN's debt is well covered by operating cash flow (48.5%).
Interest Coverage: AQN's interest payments on its debt are not well covered by EBIT (0.5x coverage).