Aquis Exchange Balance Sheet Health
Financial Health criteria checks 6/6
Aquis Exchange has a total shareholder equity of £29.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £35.4M and £6.3M respectively. Aquis Exchange's EBIT is £4.7M making its interest coverage ratio -10.6. It has cash and short-term investments of £14.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -10.6x |
| Cash | UK£14.55m |
| Equity | UK£29.17m |
| Total liabilities | UK£6.25m |
| Total assets | UK£35.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A9Q's short term assets (£21.7M) exceed its short term liabilities (£4.0M).
Long Term Liabilities: A9Q's short term assets (£21.7M) exceed its long term liabilities (£2.2M).
Debt to Equity History and Analysis
Debt Level: A9Q is debt free.
Reducing Debt: A9Q has not had any debt for past 5 years.
Debt Coverage: A9Q has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A9Q has no debt, therefore coverage of interest payments is not a concern.