Azkoyen Balance Sheet Health
Financial Health criteria checks 5/6
Azkoyen has a total shareholder equity of €102.8M and total debt of €37.5M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are €209.6M and €106.8M respectively. Azkoyen's EBIT is €20.8M making its interest coverage ratio 24.8. It has cash and short-term investments of €11.1M.
Key information
36.4%
Debt to equity ratio
€37.47m
Debt
| Interest coverage ratio | 24.8x |
| Cash | €11.08m |
| Equity | €102.83m |
| Total liabilities | €106.78m |
| Total assets | €209.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZKE's short term assets (€94.0M) exceed its short term liabilities (€59.8M).
Long Term Liabilities: AZKE's short term assets (€94.0M) exceed its long term liabilities (€46.9M).
Debt to Equity History and Analysis
Debt Level: AZKE's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: AZKE's debt to equity ratio has increased from 8.3% to 36.4% over the past 5 years.
Debt Coverage: AZKE's debt is well covered by operating cash flow (51.2%).
Interest Coverage: AZKE's interest payments on its debt are well covered by EBIT (24.8x coverage).