Afarak Group Balance Sheet Health
Financial Health criteria checks 6/6
Afarak Group has a total shareholder equity of €104.8M and total debt of €1.8M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are €159.8M and €55.0M respectively. Afarak Group's EBIT is €51.1M making its interest coverage ratio 84.8. It has cash and short-term investments of €12.4M.
Key information
1.7%
Debt to equity ratio
€1.78m
Debt
| Interest coverage ratio | 84.8x |
| Cash | €12.42m |
| Equity | €104.79m |
| Total liabilities | €54.97m |
| Total assets | €159.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFAGRH's short term assets (€65.2M) exceed its short term liabilities (€21.2M).
Long Term Liabilities: AFAGRH's short term assets (€65.2M) exceed its long term liabilities (€33.7M).
Debt to Equity History and Analysis
Debt Level: AFAGRH has more cash than its total debt.
Reducing Debt: AFAGRH's debt to equity ratio has reduced from 6.8% to 1.7% over the past 5 years.
Debt Coverage: AFAGRH's debt is well covered by operating cash flow (1758.3%).
Interest Coverage: AFAGRH's interest payments on its debt are well covered by EBIT (84.8x coverage).