Almawave Balance Sheet Health
Financial Health criteria checks 6/6
Almawave has a total shareholder equity of €69.8M and total debt of €3.7M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are €118.1M and €48.3M respectively. Almawave's EBIT is €8.6M making its interest coverage ratio -31.4. It has cash and short-term investments of €10.4M.
Key information
5.2%
Debt to equity ratio
€3.65m
Debt
Interest coverage ratio | -31.4x |
Cash | €10.38m |
Equity | €69.84m |
Total liabilities | €48.30m |
Total assets | €118.14m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AIW's short term assets (€64.6M) exceed its short term liabilities (€40.8M).
Long Term Liabilities: AIW's short term assets (€64.6M) exceed its long term liabilities (€7.5M).
Debt to Equity History and Analysis
Debt Level: AIW has more cash than its total debt.
Reducing Debt: AIW's debt to equity ratio has reduced from 216.3% to 5.2% over the past 5 years.
Debt Coverage: AIW's debt is well covered by operating cash flow (297.9%).
Interest Coverage: AIW earns more interest than it pays, so coverage of interest payments is not a concern.