AB Amber Grid Balance Sheet Health
Financial Health criteria checks 3/6
AB Amber Grid has a total shareholder equity of €173.0M and total debt of €91.6M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are €323.7M and €150.6M respectively. AB Amber Grid's EBIT is €12.1M making its interest coverage ratio 5.9. It has cash and short-term investments of €5.8M.
Key information
52.9%
Debt to equity ratio
€91.58m
Debt
| Interest coverage ratio | 5.9x |
| Cash | €5.82m |
| Equity | €173.02m |
| Total liabilities | €150.63m |
| Total assets | €323.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMG1L's short term assets (€30.4M) do not cover its short term liabilities (€88.6M).
Long Term Liabilities: AMG1L's short term assets (€30.4M) do not cover its long term liabilities (€62.1M).
Debt to Equity History and Analysis
Debt Level: AMG1L's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: AMG1L's debt to equity ratio has reduced from 58.3% to 52.9% over the past 5 years.
Debt Coverage: AMG1L's debt is well covered by operating cash flow (36%).
Interest Coverage: AMG1L's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:31 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
AB Amber Grid 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.
| Analyst | Institution |
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