Akwel Balance Sheet Health
Financial Health criteria checks 6/6
Akwel has a total shareholder equity of €610.8M and total debt of €35.8M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are €882.9M and €272.2M respectively. Akwel's EBIT is €61.0M making its interest coverage ratio -194.4. It has cash and short-term investments of €151.5M.
Key information
5.9%
Debt to equity ratio
€35.80m
Debt
Interest coverage ratio | -194.4x |
Cash | €151.52m |
Equity | €610.78m |
Total liabilities | €272.16m |
Total assets | €882.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0F8V's short term assets (€550.8M) exceed its short term liabilities (€197.2M).
Long Term Liabilities: 0F8V's short term assets (€550.8M) exceed its long term liabilities (€75.0M).
Debt to Equity History and Analysis
Debt Level: 0F8V has more cash than its total debt.
Reducing Debt: 0F8V's debt to equity ratio has reduced from 29.4% to 5.9% over the past 5 years.
Debt Coverage: 0F8V's debt is well covered by operating cash flow (178.5%).
Interest Coverage: 0F8V earns more interest than it pays, so coverage of interest payments is not a concern.