AB Akola Group Balance Sheet Health
Financial Health criteria checks 4/6
AB Akola Group has a total shareholder equity of €305.9M and total debt of €310.0M, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are €908.5M and €602.6M respectively.
Key information
101.4%
Debt to equity ratio
€310.05m
Debt
Interest coverage ratio | n/a |
Cash | €16.52m |
Equity | €305.92m |
Total liabilities | €602.58m |
Total assets | €908.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKO1L's short term assets (€650.1M) exceed its short term liabilities (€482.2M).
Long Term Liabilities: AKO1L's short term assets (€650.1M) exceed its long term liabilities (€120.4M).
Debt to Equity History and Analysis
Debt Level: AKO1L's net debt to equity ratio (96%) is considered high.
Reducing Debt: AKO1L's debt to equity ratio has reduced from 127.6% to 101.4% over the past 5 years.
Debt Coverage: AKO1L's debt is well covered by operating cash flow (40.9%).
Interest Coverage: Insufficient data to determine if AKO1L's interest payments on its debt are well covered by EBIT.