AB Akola Group Balance Sheet Health
Financial Health criteria checks 2/6
AB Akola Group has a total shareholder equity of €325.2M and total debt of €325.6M, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are €995.8M and €670.5M respectively. AB Akola Group's EBIT is €34.6M making its interest coverage ratio 1.8. It has cash and short-term investments of €17.2M.
Key information
100.1%
Debt to equity ratio
€325.58m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €17.17m |
| Equity | €325.24m |
| Total liabilities | €670.52m |
| Total assets | €995.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKO1L's short term assets (€664.4M) exceed its short term liabilities (€542.7M).
Long Term Liabilities: AKO1L's short term assets (€664.4M) exceed its long term liabilities (€127.8M).
Debt to Equity History and Analysis
Debt Level: AKO1L's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: AKO1L's debt to equity ratio has increased from 94.2% to 100.1% over the past 5 years.
Debt Coverage: AKO1L's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: AKO1L's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AB Akola Group is covered by 3 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.
| Analyst | Institution |
|---|---|
| Shana Gavron | AS LHV Pank |
| Donatas Uzkurelis | Swedbank AS |
| Andrej Rodionov | Swedbank Large Corporates & Institutions |