Axway Software Balance Sheet Health
Financial Health criteria checks 5/6
Axway Software has a total shareholder equity of €355.9M and total debt of €87.7M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are €591.1M and €235.3M respectively. Axway Software's EBIT is €52.6M making its interest coverage ratio 10.1. It has cash and short-term investments of €16.9M.
Key information
24.6%
Debt to equity ratio
€87.67m
Debt
Interest coverage ratio | 10.1x |
Cash | €16.91m |
Equity | €355.86m |
Total liabilities | €235.26m |
Total assets | €591.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P5L's short term assets (€222.0M) exceed its short term liabilities (€116.7M).
Long Term Liabilities: 0P5L's short term assets (€222.0M) exceed its long term liabilities (€118.6M).
Debt to Equity History and Analysis
Debt Level: 0P5L's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 0P5L's debt to equity ratio has increased from 12.5% to 24.6% over the past 5 years.
Debt Coverage: 0P5L's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 0P5L's interest payments on its debt are well covered by EBIT (10.1x coverage).