Axway Software Balance Sheet Health
Financial Health criteria checks 5/6
Axway Software has a total shareholder equity of €346.3M and total debt of €92.3M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are €594.6M and €248.3M respectively. Axway Software's EBIT is €55.1M making its interest coverage ratio 11.9. It has cash and short-term investments of €16.7M.
Key information
26.6%
Debt to equity ratio
€92.27m
Debt
Interest coverage ratio | 11.9x |
Cash | €16.68m |
Equity | €346.27m |
Total liabilities | €248.32m |
Total assets | €594.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P5L's short term assets (€227.0M) exceed its short term liabilities (€124.1M).
Long Term Liabilities: 0P5L's short term assets (€227.0M) exceed its long term liabilities (€124.2M).
Debt to Equity History and Analysis
Debt Level: 0P5L's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: 0P5L's debt to equity ratio has increased from 12.7% to 26.6% over the past 5 years.
Debt Coverage: 0P5L's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 0P5L's interest payments on its debt are well covered by EBIT (11.9x coverage).