AIREA Balance Sheet Health
Financial Health criteria checks 5/6
AIREA has a total shareholder equity of £14.9M and total debt of £1.9M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are £27.5M and £12.5M respectively. AIREA's EBIT is £1.5M making its interest coverage ratio 13.9. It has cash and short-term investments of £5.8M.
Key information
12.4%
Debt to equity ratio
UK£1.86m
Debt
| Interest coverage ratio | 13.9x |
| Cash | UK£5.76m |
| Equity | UK£14.95m |
| Total liabilities | UK£12.53m |
| Total assets | UK£27.48m |
Recent financial health updates
Here's Why AIREA (LON:AIEA) Can Manage Its Debt Responsibly
May 31
These 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
A 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 (£14.7M) exceed its short term liabilities (£4.7M).
Long Term Liabilities: AIEA's short term assets (£14.7M) exceed its long term liabilities (£7.8M).
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 increased from 0% to 12.4% over the past 5 years.
Debt Coverage: AIEA's debt is well covered by operating cash flow (127.9%).
Interest Coverage: AIEA's interest payments on its debt are well covered by EBIT (13.9x coverage).