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Wool Industry Tria Alfa Balance Sheet Health
Financial Health criteria checks 2/6
Wool Industry Tria Alfa has a total shareholder equity of €284.1K and total debt of €2.0M, which brings its debt-to-equity ratio to 692.4%. Its total assets and total liabilities are €2.4M and €2.2M respectively. Wool Industry Tria Alfa's EBIT is €150.6K making its interest coverage ratio 7.6. It has cash and short-term investments of €84.9K.
Key information
692.4%
Debt to equity ratio
€1.97m
Debt
Interest coverage ratio | 7.6x |
Cash | €84.93k |
Equity | €284.07k |
Total liabilities | €2.16m |
Total assets | €2.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAAP's short term assets (€1.8M) do not cover its short term liabilities (€2.1M).
Long Term Liabilities: AAAP's short term assets (€1.8M) exceed its long term liabilities (€27.4K).
Debt to Equity History and Analysis
Debt Level: AAAP's net debt to equity ratio (662.5%) is considered high.
Reducing Debt: AAAP's debt to equity ratio has increased from 312% to 692.4% over the past 5 years.
Debt Coverage: AAAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AAAP's interest payments on its debt are well covered by EBIT (7.6x coverage).