Agat Ejendomme Balance Sheet Health
Financial Health criteria checks 3/6
Agat Ejendomme has a total shareholder equity of DKK332.3M and total debt of DKK487.3M, which brings its debt-to-equity ratio to 146.6%. Its total assets and total liabilities are DKK868.1M and DKK535.8M respectively. Agat Ejendomme's EBIT is DKK29.0M making its interest coverage ratio 1.8. It has cash and short-term investments of DKK46.0M.
Key information
146.6%
Debt to equity ratio
kr.487.30m
Debt
| Interest coverage ratio | 1.8x |
| Cash | kr.46.00m |
| Equity | kr.332.30m |
| Total liabilities | kr.535.80m |
| Total assets | kr.868.10m |
Financial Position Analysis
Short Term Liabilities: AGAT's short term assets (DKK316.3M) exceed its short term liabilities (DKK120.1M).
Long Term Liabilities: AGAT's short term assets (DKK316.3M) do not cover its long term liabilities (DKK415.7M).
Debt to Equity History and Analysis
Debt Level: AGAT's net debt to equity ratio (132.8%) is considered high.
Reducing Debt: AGAT's debt to equity ratio has increased from 141.4% to 146.6% 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: Whilst unprofitable AGAT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AGAT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 38.7% per year.