Agat Ejendomme Balance Sheet Health
Financial Health criteria checks 3/6
Agat Ejendomme has a total shareholder equity of DKK273.5M and total debt of DKK474.5M, which brings its debt-to-equity ratio to 173.5%. Its total assets and total liabilities are DKK790.3M and DKK516.8M respectively. Agat Ejendomme's EBIT is DKK36.7M making its interest coverage ratio 1.6. It has cash and short-term investments of DKK34.8M.
Key information
173.5%
Debt to equity ratio
DKK 474.50m
Debt
| Interest coverage ratio | 1.6x |
| Cash | DKK 34.80m |
| Equity | DKK 273.50m |
| Total liabilities | DKK 516.80m |
| Total assets | DKK 790.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2TD's short term assets (DKK124.7M) exceed its short term liabilities (DKK57.2M).
Long Term Liabilities: 2TD's short term assets (DKK124.7M) do not cover its long term liabilities (DKK459.6M).
Debt to Equity History and Analysis
Debt Level: 2TD's net debt to equity ratio (160.8%) is considered high.
Reducing Debt: 2TD's debt to equity ratio has increased from 149.7% to 173.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2TD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2TD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.3% per year.