AKKO Invest Nyrt Balance Sheet Health
Financial Health criteria checks 3/6
AKKO Invest Nyrt has a total shareholder equity of HUF9.2B and total debt of HUF11.2B, which brings its debt-to-equity ratio to 122.2%. Its total assets and total liabilities are HUF38.9B and HUF29.7B respectively. AKKO Invest Nyrt's EBIT is HUF2.2B making its interest coverage ratio 6.2. It has cash and short-term investments of HUF3.0B.
Key information
122.2%
Debt to equity ratio
Ft11.23b
Debt
| Interest coverage ratio | 6.2x |
| Cash | Ft2.99b |
| Equity | Ft9.19b |
| Total liabilities | Ft29.70b |
| Total assets | Ft38.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8PL2's short term assets (HUF14.3B) exceed its short term liabilities (HUF13.6B).
Long Term Liabilities: 8PL2's short term assets (HUF14.3B) do not cover its long term liabilities (HUF16.1B).
Debt to Equity History and Analysis
Debt Level: 8PL2's net debt to equity ratio (89.7%) is considered high.
Reducing Debt: 8PL2's debt to equity ratio has increased from 1.1% to 122.2% over the past 5 years.
Debt Coverage: 8PL2's debt is well covered by operating cash flow (36.2%).
Interest Coverage: 8PL2's interest payments on its debt are well covered by EBIT (6.2x coverage).