Groupe Airwell Société anonyme Balance Sheet Health
Financial Health criteria checks 2/6
Groupe Airwell Société anonyme has a total shareholder equity of €9.8M and total debt of €7.6M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are €50.4M and €40.6M respectively. Groupe Airwell Société anonyme's EBIT is €593.4K making its interest coverage ratio 1.6. It has cash and short-term investments of €2.2M.
Key information
77.6%
Debt to equity ratio
€7.62m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €2.25m |
| Equity | €9.82m |
| Total liabilities | €40.62m |
| Total assets | €50.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z20's short term assets (€43.1M) exceed its short term liabilities (€21.1M).
Long Term Liabilities: Z20's short term assets (€43.1M) exceed its long term liabilities (€19.5M).
Debt to Equity History and Analysis
Debt Level: Z20's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: Insufficient data to determine if Z20's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Z20's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Z20's interest payments on its debt are not well covered by EBIT (1.6x coverage).