Aena S.M.E Balance Sheet Health
Financial Health criteria checks 4/6
Aena S.M.E has a total shareholder equity of €7.8B and total debt of €8.4B, which brings its debt-to-equity ratio to 107.4%. Its total assets and total liabilities are €17.7B and €9.9B respectively. Aena S.M.E's EBIT is €2.2B making its interest coverage ratio 10.3. It has cash and short-term investments of €2.6B.
Key information
107.4%
Debt to equity ratio
€8.40b
Debt
Interest coverage ratio | 10.3x |
Cash | €2.60b |
Equity | €7.82b |
Total liabilities | €9.92b |
Total assets | €17.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AENAe's short term assets (€3.5B) exceed its short term liabilities (€2.8B).
Long Term Liabilities: AENAe's short term assets (€3.5B) do not cover its long term liabilities (€7.2B).
Debt to Equity History and Analysis
Debt Level: AENAe's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: AENAe's debt to equity ratio has reduced from 118.2% to 107.4% over the past 5 years.
Debt Coverage: AENAe's debt is well covered by operating cash flow (29%).
Interest Coverage: AENAe's interest payments on its debt are well covered by EBIT (10.3x coverage).