Aquila Services Group Balance Sheet Health
Financial Health criteria checks 6/6
Aquila Services Group has a total shareholder equity of £6.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £8.6M and £2.3M respectively. Aquila Services Group's EBIT is £549.0K making its interest coverage ratio -15.3. It has cash and short-term investments of £1.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -15.3x |
| Cash | UK£1.65m |
| Equity | UK£6.29m |
| Total liabilities | UK£2.31m |
| Total assets | UK£8.60m |
Financial Position Analysis
Short Term Liabilities: AQSG's short term assets (£4.9M) exceed its short term liabilities (£2.0M).
Long Term Liabilities: AQSG's short term assets (£4.9M) exceed its long term liabilities (£298.0K).
Debt to Equity History and Analysis
Debt Level: AQSG is debt free.
Reducing Debt: AQSG has not had any debt for past 5 years.
Debt Coverage: AQSG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AQSG has no debt, therefore coverage of interest payments is not a concern.