Aerowash Balance Sheet Health
Financial Health criteria checks 4/6
Aerowash has a total shareholder equity of SEK50.1M and total debt of SEK10.6M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are SEK84.2M and SEK34.0M respectively. Aerowash's EBIT is SEK8.5M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK9.8M.
Key information
21.1%
Debt to equity ratio
SEK 10.55m
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 9.85m |
| Equity | SEK 50.14m |
| Total liabilities | SEK 34.02m |
| Total assets | SEK 84.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1HV's short term assets (SEK54.7M) exceed its short term liabilities (SEK26.1M).
Long Term Liabilities: 1HV's short term assets (SEK54.7M) exceed its long term liabilities (SEK8.0M).
Debt to Equity History and Analysis
Debt Level: 1HV's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 1HV's debt to equity ratio has increased from 14.7% to 21.1% over the past 5 years.
Debt Coverage: 1HV's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 1HV's interest payments on its debt are not well covered by EBIT (1.6x coverage).