aovo Touristik Balance Sheet Health
Financial Health criteria checks 4/6
aovo Touristik has a total shareholder equity of €2.9M and total debt of €4.6K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are €6.8M and €3.9M respectively.
Key information
0.2%
Debt to equity ratio
€4.64k
Debt
Interest coverage ratio | n/a |
Cash | €1.38m |
Equity | €2.86m |
Total liabilities | €3.93m |
Total assets | €6.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A8N's short term assets (€6.7M) exceed its short term liabilities (€3.9M).
Long Term Liabilities: A8N's short term assets (€6.7M) exceed its long term liabilities (€24.9K).
Debt to Equity History and Analysis
Debt Level: A8N has more cash than its total debt.
Reducing Debt: A8N's debt to equity ratio has reduced from 5.6% to 0.2% over the past 5 years.
Debt Coverage: A8N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A8N's interest payments on its debt are well covered by EBIT.