Wool Industry Tria Alfa Balance Sheet Health
Financial Health criteria checks 2/6
Wool Industry Tria Alfa has a total shareholder equity of €357.0K and total debt of €2.0M, which brings its debt-to-equity ratio to 559.2%. Its total assets and total liabilities are €2.6M and €2.2M respectively.
Key information
559.2%
Debt to equity ratio
€2.00m
Debt
| Interest coverage ratio | n/a |
| Cash | €24.87k |
| Equity | €357.05k |
| Total liabilities | €2.23m |
| Total assets | €2.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAAK's short term assets (€1.9M) do not cover its short term liabilities (€2.2M).
Long Term Liabilities: AAAK's short term assets (€1.9M) exceed its long term liabilities (€9.1K).
Debt to Equity History and Analysis
Debt Level: AAAK's net debt to equity ratio (552.2%) is considered high.
Reducing Debt: AAAK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if AAAK has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AAAK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.