ATON Green Storage Balance Sheet Health
Financial Health criteria checks 3/6
ATON Green Storage has a total shareholder equity of €23.7M and total debt of €15.8M, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are €49.8M and €26.1M respectively. ATON Green Storage's EBIT is €7.8M making its interest coverage ratio 9.9. It has cash and short-term investments of €3.7M.
Key information
66.7%
Debt to equity ratio
€15.82m
Debt
| Interest coverage ratio | 9.9x |
| Cash | €3.72m |
| Equity | €23.73m |
| Total liabilities | €26.08m |
| Total assets | €49.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6E6's short term assets (€45.0M) exceed its short term liabilities (€13.9M).
Long Term Liabilities: 6E6's short term assets (€45.0M) exceed its long term liabilities (€12.2M).
Debt to Equity History and Analysis
Debt Level: 6E6's net debt to equity ratio (51%) is considered high.
Reducing Debt: 6E6's debt to equity ratio has increased from 0% to 66.7% over the past 5 years.
Debt Coverage: 6E6's debt is not well covered by operating cash flow (16%).
Interest Coverage: 6E6's interest payments on its debt are well covered by EBIT (9.9x coverage).