Avemio Balance Sheet Health
Financial Health criteria checks 4/6
Avemio has a total shareholder equity of €13.0M and total debt of €10.6M, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are €35.1M and €22.1M respectively. Avemio's EBIT is €637.8K making its interest coverage ratio 3.2. It has cash and short-term investments of €7.7M.
Key information
81.7%
Debt to equity ratio
€10.59m
Debt
| Interest coverage ratio | 3.2x |
| Cash | €7.71m |
| Equity | €12.97m |
| Total liabilities | €22.11m |
| Total assets | €35.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3D6's short term assets (€28.7M) exceed its short term liabilities (€12.0M).
Long Term Liabilities: 3D6's short term assets (€28.7M) exceed its long term liabilities (€10.2M).
Debt to Equity History and Analysis
Debt Level: 3D6's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 3D6's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 3D6's debt is well covered by operating cash flow.
Interest Coverage: 3D6's interest payments on its debt are well covered by EBIT (3.2x coverage).