Akritas Balance Sheet Health
Financial Health criteria checks 2/6
Akritas has a total shareholder equity of €14.8M and total debt of €18.2M, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are €51.2M and €36.3M respectively. Akritas's EBIT is €1.3M making its interest coverage ratio 0.8. It has cash and short-term investments of €312.2K.
Key information
122.72%
Debt to equity ratio
€18.20m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €312.22k |
| Equity | €14.83m |
| Total liabilities | €36.34m |
| Total assets | €51.16m |
Recent financial health updates
Is Akritas (ATH:AKRIT) Using Too Much Debt?
Jun 14
Akritas (ATH:AKRIT) Takes On Some Risk With Its Use Of Debt
Nov 23Recent updates
After Leaping 27% Akritas S.A. (ATH:AKRIT) Shares Are Not Flying Under The Radar
Aug 14Returns Are Gaining Momentum At Akritas (ATH:AKRIT)
Aug 05Akritas' (ATH:AKRIT) Problems Go Beyond Weak Profit
May 12Returns At Akritas (ATH:AKRIT) Are On The Way Up
Apr 27A Piece Of The Puzzle Missing From Akritas S.A.'s (ATH:AKRIT) Share Price
Jan 11Investors Will Want Akritas' (ATH:AKRIT) Growth In ROCE To Persist
Sep 17Investors Still Aren't Entirely Convinced By Akritas S.A.'s (ATH:AKRIT) Revenues Despite 27% Price Jump
Jul 11Is Akritas (ATH:AKRIT) Using Too Much Debt?
Jun 14We Think You Should Be Aware Of Some Concerning Factors In Akritas' (ATH:AKRIT) Earnings
May 05Akritas (ATH:AKRIT) Is Looking To Continue Growing Its Returns On Capital
Feb 10Investors Still Aren't Entirely Convinced By Akritas S.A.'s (ATH:AKRIT) Revenues Despite 97% Price Jump
Dec 18Akritas (ATH:AKRIT) Takes On Some Risk With Its Use Of Debt
Nov 23Akritas' (ATH:AKRIT) Profits May Not Reveal Underlying Issues
Oct 07Market Still Lacking Some Conviction On Akritas S.A. (ATH:AKRIT)
Aug 04Estimating The Intrinsic Value Of Akritas S.A. (ATH:AKRIT)
May 20Akritas (ATH:AKRIT) Is Experiencing Growth In Returns On Capital
Jan 28Financial Position Analysis
Short Term Liabilities: AKRIT's short term assets (€19.0M) exceed its short term liabilities (€16.8M).
Long Term Liabilities: AKRIT's short term assets (€19.0M) do not cover its long term liabilities (€19.5M).
Debt to Equity History and Analysis
Debt Level: AKRIT's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: AKRIT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AKRIT's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: AKRIT's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/06 08:37 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Akritas S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.