ACTIA Group Balance Sheet Health
Financial Health criteria checks 4/6
ACTIA Group has a total shareholder equity of €141.8M and total debt of €211.3M, which brings its debt-to-equity ratio to 149%. Its total assets and total liabilities are €614.4M and €472.6M respectively. ACTIA Group's EBIT is €16.7M making its interest coverage ratio 2.1. It has cash and short-term investments of €43.6M.
Key information
149.0%
Debt to equity ratio
€211.31m
Debt
Interest coverage ratio | 2.1x |
Cash | €43.58m |
Equity | €141.82m |
Total liabilities | €472.56m |
Total assets | €614.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AG9's short term assets (€434.7M) exceed its short term liabilities (€330.3M).
Long Term Liabilities: AG9's short term assets (€434.7M) exceed its long term liabilities (€142.2M).
Debt to Equity History and Analysis
Debt Level: AG9's net debt to equity ratio (118.3%) is considered high.
Reducing Debt: AG9's debt to equity ratio has reduced from 150% to 149% over the past 5 years.
Debt Coverage: AG9's debt is well covered by operating cash flow (29.7%).
Interest Coverage: AG9's interest payments on its debt are not well covered by EBIT (2.1x coverage).