AX Real Estate Balance Sheet Health
Financial Health criteria checks 0/6
AX Real Estate has a total shareholder equity of €135.6M and total debt of €140.6M, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are €308.1M and €172.6M respectively. AX Real Estate's EBIT is €10.6M making its interest coverage ratio 2.1. It has cash and short-term investments of €7.7M.
Key information
103.7%
Debt to equity ratio
€140.57m
Debt
Interest coverage ratio | 2.1x |
Cash | €7.71m |
Equity | €135.59m |
Total liabilities | €172.56m |
Total assets | €308.14m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AXR's short term assets (€14.9M) do not cover its short term liabilities (€17.0M).
Long Term Liabilities: AXR's short term assets (€14.9M) do not cover its long term liabilities (€155.6M).
Debt to Equity History and Analysis
Debt Level: AXR's net debt to equity ratio (98%) is considered high.
Reducing Debt: Insufficient data to determine if AXR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AXR's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: AXR's interest payments on its debt are not well covered by EBIT (2.1x coverage).