AB Amber Grid Financial Health
How is AB Amber Grid's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AMG1L's short term assets (€119.4M) exceed its short term liabilities (€109.4M).
Long Term Liabilities: AMG1L's short term assets (€119.4M) exceed its long term liabilities (€96.4M).
Debt to Equity History and Analysis
Debt Level: AMG1L's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: AMG1L's debt to equity ratio has increased from 42.1% to 56.9% over the past 5 years.
Debt Coverage: AMG1L's debt is well covered by operating cash flow (29.4%).
Interest Coverage: AMG1L's interest payments on its debt are well covered by EBIT (58.7x coverage).