Almawave Balance Sheet Health
Financial Health criteria checks 6/6
Almawave has a total shareholder equity of €71.9M and total debt of €2.2M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are €118.6M and €46.7M respectively. Almawave's EBIT is €7.0M making its interest coverage ratio -19.2. It has cash and short-term investments of €7.1M.
Key information
3.0%
Debt to equity ratio
€2.16m
Debt
| Interest coverage ratio | -19.2x |
| Cash | €7.10m |
| Equity | €71.88m |
| Total liabilities | €46.72m |
| Total assets | €118.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 101's short term assets (€61.9M) exceed its short term liabilities (€41.0M).
Long Term Liabilities: 101's short term assets (€61.9M) exceed its long term liabilities (€5.8M).
Debt to Equity History and Analysis
Debt Level: 101 has more cash than its total debt.
Reducing Debt: 101's debt to equity ratio has reduced from 197.1% to 3% over the past 5 years.
Debt Coverage: 101's debt is well covered by operating cash flow (462.3%).
Interest Coverage: 101 earns more interest than it pays, so coverage of interest payments is not a concern.