Afarak Group Balance Sheet Health
Financial Health criteria checks 5/6
Afarak Group has a total shareholder equity of €109.1M and total debt of €4.6M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are €170.7M and €61.6M respectively. Afarak Group's EBIT is €2.9M making its interest coverage ratio -2. It has cash and short-term investments of €10.1M.
Key information
4.2%
Debt to equity ratio
€4.55m
Debt
| Interest coverage ratio | -2x |
| Cash | €10.07m |
| Equity | €109.09m |
| Total liabilities | €61.62m |
| Total assets | €170.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V5W's short term assets (€75.2M) exceed its short term liabilities (€27.3M).
Long Term Liabilities: V5W's short term assets (€75.2M) exceed its long term liabilities (€34.3M).
Debt to Equity History and Analysis
Debt Level: V5W has more cash than its total debt.
Reducing Debt: V5W's debt to equity ratio has reduced from 27.7% to 4.2% over the past 5 years.
Debt Coverage: V5W's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: V5W earns more interest than it pays, so coverage of interest payments is not a concern.