Axway Software Balance Sheet Health
Financial Health criteria checks 5/6
Axway Software has a total shareholder equity of €346.3M and total debt of €92.3M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are €594.6M and €248.3M respectively. Axway Software's EBIT is €55.5M making its interest coverage ratio 12.1. It has cash and short-term investments of €16.7M.
Key information
26.7%
Debt to equity ratio
€92.30m
Debt
Interest coverage ratio | 12.1x |
Cash | €16.70m |
Equity | €346.30m |
Total liabilities | €248.30m |
Total assets | €594.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1XV's short term assets (€227.0M) exceed its short term liabilities (€124.1M).
Long Term Liabilities: 1XV's short term assets (€227.0M) exceed its long term liabilities (€124.2M).
Debt to Equity History and Analysis
Debt Level: 1XV's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: 1XV's debt to equity ratio has increased from 12.7% to 26.7% over the past 5 years.
Debt Coverage: 1XV's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 1XV's interest payments on its debt are well covered by EBIT (12.1x coverage).