Akwel Balance Sheet Health
Financial Health criteria checks 6/6
Akwel has a total shareholder equity of €599.4M and total debt of €43.2M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are €874.3M and €274.9M respectively. Akwel's EBIT is €51.2M making its interest coverage ratio -1766.7. It has cash and short-term investments of €145.1M.
Key information
7.2%
Debt to equity ratio
€43.19m
Debt
Interest coverage ratio | -1766.7x |
Cash | €145.09m |
Equity | €599.41m |
Total liabilities | €274.93m |
Total assets | €874.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MW4's short term assets (€550.4M) exceed its short term liabilities (€207.1M).
Long Term Liabilities: MW4's short term assets (€550.4M) exceed its long term liabilities (€67.8M).
Debt to Equity History and Analysis
Debt Level: MW4 has more cash than its total debt.
Reducing Debt: MW4's debt to equity ratio has reduced from 27.6% to 7.2% over the past 5 years.
Debt Coverage: MW4's debt is well covered by operating cash flow (88.7%).
Interest Coverage: MW4 earns more interest than it pays, so coverage of interest payments is not a concern.