AVTECH Sweden Balance Sheet Health
Financial Health criteria checks 6/6
AVTECH Sweden has a total shareholder equity of SEK43.2M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK47.6M and SEK4.4M respectively. AVTECH Sweden's EBIT is SEK10.5M making its interest coverage ratio -479.5. It has cash and short-term investments of SEK26.0M.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | -479.5x |
Cash | kr26.00m |
Equity | kr43.20m |
Total liabilities | kr4.40m |
Total assets | kr47.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8QL's short term assets (SEK33.8M) exceed its short term liabilities (SEK4.4M).
Long Term Liabilities: 8QL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8QL is debt free.
Reducing Debt: 8QL had no debt 5 years ago.
Debt Coverage: 8QL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8QL has no debt, therefore coverage of interest payments is not a concern.