Aalborg Boldspilklub Balance Sheet Health
Financial Health criteria checks 5/6
Aalborg Boldspilklub has a total shareholder equity of DKK56.0M and total debt of DKK19.4M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are DKK128.8M and DKK72.8M respectively.
Key information
34.6%
Debt to equity ratio
kr.19.37m
Debt
Interest coverage ratio | n/a |
Cash | kr.39.50m |
Equity | kr.56.03m |
Total liabilities | kr.72.76m |
Total assets | kr.128.79m |
Financial Position Analysis
Short Term Liabilities: AAB's short term assets (DKK72.4M) exceed its short term liabilities (DKK39.1M).
Long Term Liabilities: AAB's short term assets (DKK72.4M) exceed its long term liabilities (DKK33.7M).
Debt to Equity History and Analysis
Debt Level: AAB has more cash than its total debt.
Reducing Debt: AAB's debt to equity ratio has increased from 0% to 34.6% 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: AAB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AAB has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 7.2% each year.