AQ Group Balance Sheet Health
Financial Health criteria checks 6/6
AQ Group has a total shareholder equity of SEK4.1B and total debt of SEK614.0M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are SEK6.4B and SEK2.3B respectively. AQ Group's EBIT is SEK848.0M making its interest coverage ratio 27.4. It has cash and short-term investments of SEK488.0M.
Key information
15.0%
Debt to equity ratio
SEK 614.00m
Debt
| Interest coverage ratio | 27.4x |
| Cash | SEK 488.00m |
| Equity | SEK 4.08b |
| Total liabilities | SEK 2.28b |
| Total assets | SEK 6.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQS's short term assets (SEK4.3B) exceed its short term liabilities (SEK1.7B).
Long Term Liabilities: AQS's short term assets (SEK4.3B) exceed its long term liabilities (SEK541.0M).
Debt to Equity History and Analysis
Debt Level: AQS's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: AQS's debt to equity ratio has reduced from 31.5% to 15% over the past 5 years.
Debt Coverage: AQS's debt is well covered by operating cash flow (162.7%).
Interest Coverage: AQS's interest payments on its debt are well covered by EBIT (27.4x coverage).