Afarak Group Balance Sheet Health
Financial Health criteria checks 6/6
Afarak Group has a total shareholder equity of €105.7M and total debt of €2.8M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are €162.3M and €56.6M respectively. Afarak Group's EBIT is €14.3M making its interest coverage ratio -34.5. It has cash and short-term investments of €18.0M.
Key information
2.6%
Debt to equity ratio
€2.77m
Debt
Interest coverage ratio | -34.5x |
Cash | €18.03m |
Equity | €105.74m |
Total liabilities | €56.60m |
Total assets | €162.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V5W's short term assets (€71.0M) exceed its short term liabilities (€24.0M).
Long Term Liabilities: V5W's short term assets (€71.0M) exceed its long term liabilities (€32.6M).
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 16% to 2.6% over the past 5 years.
Debt Coverage: V5W's debt is well covered by operating cash flow (346.2%).
Interest Coverage: V5W earns more interest than it pays, so coverage of interest payments is not a concern.