Azorean Aquatic Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Azorean Aquatic Technologies has a total shareholder equity of €69.9K and total debt of €6.6K, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are €463.9K and €394.0K respectively.
Key information
9.4%
Debt to equity ratio
€6.56k
Debt
| Interest coverage ratio | n/a |
| Cash | €577.00 |
| Equity | €69.92k |
| Total liabilities | €393.98k |
| Total assets | €463.89k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLAAT's short term assets (€102.2K) do not cover its short term liabilities (€394.0K).
Long Term Liabilities: MLAAT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MLAAT's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: MLAAT's debt to equity ratio has increased from 0.3% to 9.4% 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: Insufficient data to determine if MLAAT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MLAAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.