Akwel Balance Sheet Health
Financial Health criteria checks 6/6
Akwel has a total shareholder equity of €608.9M and total debt of €24.9M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €886.6M and €277.7M respectively. Akwel's EBIT is €54.3M making its interest coverage ratio -260. It has cash and short-term investments of €141.4M.
Key information
4.1%
Debt to equity ratio
€24.89m
Debt
| Interest coverage ratio | -260x |
| Cash | €141.41m |
| Equity | €608.87m |
| Total liabilities | €277.73m |
| Total assets | €886.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MW4's short term assets (€548.6M) exceed its short term liabilities (€197.4M).
Long Term Liabilities: MW4's short term assets (€548.6M) exceed its long term liabilities (€80.3M).
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 21.9% to 4.1% over the past 5 years.
Debt Coverage: MW4's debt is well covered by operating cash flow (390.4%).
Interest Coverage: MW4 earns more interest than it pays, so coverage of interest payments is not a concern.