Audacia Balance Sheet Health
Financial Health criteria checks 4/6
Audacia has a total shareholder equity of €13.4M and total debt of €751.4K, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are €24.8M and €11.4M respectively. Audacia's EBIT is €539.5K making its interest coverage ratio -35.1. It has cash and short-term investments of €2.7M.
Key information
5.6%
Debt to equity ratio
€751.35k
Debt
Interest coverage ratio | -35.1x |
Cash | €2.73m |
Equity | €13.40m |
Total liabilities | €11.44m |
Total assets | €24.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAUD's short term assets (€13.7M) exceed its short term liabilities (€10.9M).
Long Term Liabilities: ALAUD's short term assets (€13.7M) exceed its long term liabilities (€528.8K).
Debt to Equity History and Analysis
Debt Level: ALAUD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ALAUD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALAUD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALAUD earns more interest than it pays, so coverage of interest payments is not a concern.