AQ Group Balance Sheet Health
Financial Health criteria checks 6/6
AQ Group has a total shareholder equity of SEK4.2B and total debt of SEK700.0M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are SEK6.5B and SEK2.3B respectively. AQ Group's EBIT is SEK855.4M making its interest coverage ratio 26.7. It has cash and short-term investments of SEK818.0M.
Key information
16.8%
Debt to equity ratio
SEK 700.00m
Debt
| Interest coverage ratio | 26.7x |
| Cash | SEK 818.00m |
| Equity | SEK 4.18b |
| Total liabilities | SEK 2.29b |
| Total assets | SEK 6.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RLO's short term assets (SEK4.4B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: 0RLO's short term assets (SEK4.4B) exceed its long term liabilities (SEK764.0M).
Debt to Equity History and Analysis
Debt Level: 0RLO has more cash than its total debt.
Reducing Debt: 0RLO's debt to equity ratio has reduced from 31.4% to 16.8% over the past 5 years.
Debt Coverage: 0RLO's debt is well covered by operating cash flow (163.7%).
Interest Coverage: 0RLO's interest payments on its debt are well covered by EBIT (26.7x coverage).