AKKO Invest Nyrt Balance Sheet Health
Financial Health criteria checks 3/6
AKKO Invest Nyrt has a total shareholder equity of HUF8.4B and total debt of HUF11.6B, which brings its debt-to-equity ratio to 136.9%. Its total assets and total liabilities are HUF41.5B and HUF33.1B respectively. AKKO Invest Nyrt's EBIT is HUF2.0B making its interest coverage ratio 6. It has cash and short-term investments of HUF2.0B.
Key information
136.9%
Debt to equity ratio
Ft11.56b
Debt
Interest coverage ratio | 6x |
Cash | Ft2.03b |
Equity | Ft8.44b |
Total liabilities | Ft33.11b |
Total assets | Ft41.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKKO's short term assets (HUF16.7B) exceed its short term liabilities (HUF16.3B).
Long Term Liabilities: AKKO's short term assets (HUF16.7B) do not cover its long term liabilities (HUF16.8B).
Debt to Equity History and Analysis
Debt Level: AKKO's net debt to equity ratio (112.9%) is considered high.
Reducing Debt: AKKO's debt to equity ratio has increased from 0% to 136.9% over the past 5 years.
Debt Coverage: AKKO's debt is well covered by operating cash flow (41.8%).
Interest Coverage: AKKO's interest payments on its debt are well covered by EBIT (6x coverage).