Azerion Group Balance Sheet Health
Financial Health criteria checks 3/6
Azerion Group has a total shareholder equity of €74.0M and total debt of €206.9M, which brings its debt-to-equity ratio to 279.6%. Its total assets and total liabilities are €595.7M and €521.7M respectively.
Key information
279.6%
Debt to equity ratio
€206.90m
Debt
| Interest coverage ratio | n/a |
| Cash | €42.20m |
| Equity | €74.00m |
| Total liabilities | €521.70m |
| Total assets | €595.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZRNA's short term assets (€180.5M) do not cover its short term liabilities (€464.4M).
Long Term Liabilities: AZRNA's short term assets (€180.5M) exceed its long term liabilities (€57.3M).
Debt to Equity History and Analysis
Debt Level: AZRNA's net debt to equity ratio (222.6%) is considered high.
Reducing Debt: Insufficient data to determine if AZRNA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AZRNA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AZRNA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 67.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/13 04:49 |
| End of Day Share Price | 2023/06/16 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Azerion Group N.V. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gustav Froberg | Berenberg |
| Thomas Singlehurst | Citigroup Inc |
| Matthew Walker | Credit Suisse |