Airobot Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Airobot Technologies has a total shareholder equity of €325.8K and total debt of €137.0K, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are €642.1K and €316.4K respectively. Airobot Technologies's EBIT is €134.6K making its interest coverage ratio 17.9. It has cash and short-term investments of €113.0K.
Key information
42.1%
Debt to equity ratio
€137.03k
Debt
| Interest coverage ratio | 17.9x |
| Cash | €113.03k |
| Equity | €325.75k |
| Total liabilities | €316.37k |
| Total assets | €642.12k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIR's short term assets (€392.4K) exceed its short term liabilities (€316.4K).
Long Term Liabilities: AIR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AIR's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: AIR's debt to equity ratio has reduced from 2088.2% to 42.1% over the past 5 years.
Debt Coverage: AIR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AIR's interest payments on its debt are well covered by EBIT (17.9x coverage).