Akwel Balance Sheet Health
Financial Health criteria checks 6/6
Akwel has a total shareholder equity of €597.6M and total debt of €43.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are €865.7M and €268.1M respectively. Akwel's EBIT is €38.6M making its interest coverage ratio -62.5. It has cash and short-term investments of €166.5M.
Key information
7.2%
Debt to equity ratio
€42.98m
Debt
| Interest coverage ratio | -62.5x |
| Cash | €166.51m |
| Equity | €597.61m |
| Total liabilities | €268.10m |
| Total assets | €865.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKWP's short term assets (€542.4M) exceed its short term liabilities (€196.5M).
Long Term Liabilities: AKWP's short term assets (€542.4M) exceed its long term liabilities (€71.6M).
Debt to Equity History and Analysis
Debt Level: AKWP has more cash than its total debt.
Reducing Debt: AKWP's debt to equity ratio has reduced from 32.6% to 7.2% over the past 5 years.
Debt Coverage: AKWP's debt is well covered by operating cash flow (113.7%).
Interest Coverage: AKWP earns more interest than it pays, so coverage of interest payments is not a concern.