AIREA Balance Sheet Health
Financial Health criteria checks 6/6
AIREA has a total shareholder equity of £15.9M and total debt of £1.5M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are £26.4M and £10.6M respectively. AIREA's EBIT is £835.0K making its interest coverage ratio 4.9. It has cash and short-term investments of £2.8M.
Key information
9.4%
Debt to equity ratio
UK£1.49m
Debt
| Interest coverage ratio | 4.9x |
| Cash | UK£2.81m |
| Equity | UK£15.88m |
| Total liabilities | UK£10.57m |
| Total assets | UK£26.44m |
Recent financial health updates
Does AIREA (LON:AIEA) Have A Healthy Balance Sheet?
Sep 28
These 4 Measures Indicate That AIREA (LON:AIEA) Is Using Debt Reasonably Well
May 24Here's Why AIREA (LON:AIEA) Can Manage Its Debt Responsibly
May 31These 4 Measures Indicate That AIREA (LON:AIEA) Is Using Debt Reasonably Well
Dec 20Is AIREA (LON:AIEA) A Risky Investment?
Jul 31These 4 Measures Indicate That AIREA (LON:AIEA) Is Using Debt Reasonably Well
Apr 28Recent updates
AIREA (LON:AIEA) Will Be Looking To Turn Around Its Returns
Nov 21Does AIREA (LON:AIEA) Have A Healthy Balance Sheet?
Sep 28Returns On Capital Signal Tricky Times Ahead For AIREA (LON:AIEA)
Aug 07These 4 Measures Indicate That AIREA (LON:AIEA) Is Using Debt Reasonably Well
May 24A Piece Of The Puzzle Missing From AIREA plc's (LON:AIEA) Share Price
Dec 22Here's Why AIREA (LON:AIEA) Can Manage Its Debt Responsibly
May 31AIREA (LON:AIEA) Has Some Difficulty Using Its Capital Effectively
Jan 04These 4 Measures Indicate That AIREA (LON:AIEA) Is Using Debt Reasonably Well
Dec 20Returns Are Gaining Momentum At AIREA (LON:AIEA)
Sep 14Is AIREA (LON:AIEA) A Risky Investment?
Jul 31These 4 Measures Indicate That AIREA (LON:AIEA) Is Using Debt Reasonably Well
Apr 28Returns On Capital At AIREA (LON:AIEA) Paint A Concerning Picture
Apr 01Declining Stock and Decent Financials: Is The Market Wrong About AIREA plc (LON:AIEA)?
Mar 06Our Take On The Returns On Capital At AIREA (LON:AIEA)
Dec 11Financial Position Analysis
Short Term Liabilities: AIEA's short term assets (£13.0M) exceed its short term liabilities (£4.4M).
Long Term Liabilities: AIEA's short term assets (£13.0M) exceed its long term liabilities (£6.2M).
Debt to Equity History and Analysis
Debt Level: AIEA has more cash than its total debt.
Reducing Debt: AIEA's debt to equity ratio has reduced from 11.3% to 9.4% over the past 5 years.
Debt Coverage: AIEA's debt is well covered by operating cash flow (50.2%).
Interest Coverage: AIEA's interest payments on its debt are well covered by EBIT (4.9x coverage).