Azkoyen Balance Sheet Health
Financial Health criteria checks 5/6
Azkoyen has a total shareholder equity of €116.1M and total debt of €34.4M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are €214.9M and €98.8M respectively. Azkoyen's EBIT is €22.7M making its interest coverage ratio 122.2. It has cash and short-term investments of €13.8M.
Key information
29.6%
Debt to equity ratio
€34.40m
Debt
Interest coverage ratio | 122.2x |
Cash | €13.77m |
Equity | €116.05m |
Total liabilities | €98.84m |
Total assets | €214.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKK's short term assets (€102.3M) exceed its short term liabilities (€62.8M).
Long Term Liabilities: AKK's short term assets (€102.3M) exceed its long term liabilities (€36.0M).
Debt to Equity History and Analysis
Debt Level: AKK's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: AKK's debt to equity ratio has increased from 0.4% to 29.6% over the past 5 years.
Debt Coverage: AKK's debt is well covered by operating cash flow (46.1%).
Interest Coverage: AKK's interest payments on its debt are well covered by EBIT (122.2x coverage).