AB Akola Group Balance Sheet Health
Financial Health criteria checks 4/6
AB Akola Group has a total shareholder equity of €320.2M and total debt of €266.9M, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are €893.7M and €573.5M respectively. AB Akola Group's EBIT is €47.4M making its interest coverage ratio 1.9. It has cash and short-term investments of €17.2M.
Key information
83.3%
Debt to equity ratio
€266.90m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €17.16m |
| Equity | €320.23m |
| Total liabilities | €573.51m |
| Total assets | €893.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YG4's short term assets (€605.8M) exceed its short term liabilities (€459.1M).
Long Term Liabilities: YG4's short term assets (€605.8M) exceed its long term liabilities (€114.4M).
Debt to Equity History and Analysis
Debt Level: YG4's net debt to equity ratio (78%) is considered high.
Reducing Debt: YG4's debt to equity ratio has reduced from 86.3% to 83.3% over the past 5 years.
Debt Coverage: YG4's debt is well covered by operating cash flow (34.9%).
Interest Coverage: YG4's interest payments on its debt are not well covered by EBIT (1.9x coverage).