Aquila Balance Sheet Health
Financial Health criteria checks 5/6
Aquila has a total shareholder equity of €3.4M and total debt of €2.1K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are €10.3M and €6.9M respectively. Aquila's EBIT is €676.9K making its interest coverage ratio -6.2. It has cash and short-term investments of €1.6M.
Key information
0.06%
Debt to equity ratio
€2.12k
Debt
Interest coverage ratio | -6.2x |
Cash | €1.59m |
Equity | €3.45m |
Total liabilities | €6.85m |
Total assets | €10.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAQU's short term assets (€9.3M) exceed its short term liabilities (€6.7M).
Long Term Liabilities: ALAQU's short term assets (€9.3M) exceed its long term liabilities (€161.9K).
Debt to Equity History and Analysis
Debt Level: ALAQU has more cash than its total debt.
Reducing Debt: ALAQU's debt to equity ratio has reduced from 0.06% to 0.06% over the past 5 years.
Debt Coverage: Insufficient data to determine if ALAQU's debt is well covered by operating cash flow.
Interest Coverage: ALAQU earns more interest than it pays, so coverage of interest payments is not a concern.