Aega Balance Sheet Health
Financial Health criteria checks 3/6
Aega has a total shareholder equity of €6.9M and total debt of €7.9M, which brings its debt-to-equity ratio to 114.1%. Its total assets and total liabilities are €20.6M and €13.8M respectively.
Key information
114.1%
Debt to equity ratio
€7.87m
Debt
Interest coverage ratio | n/a |
Cash | €1.99m |
Equity | €6.90m |
Total liabilities | €13.75m |
Total assets | €20.65m |
Recent financial health updates
Is Aega (OB:AEGA) Using Debt Sensibly?
Apr 13Is Aega (OB:AEGA) Using Debt Sensibly?
Oct 26Is Aega (OB:AEGA) Weighed On By Its Debt Load?
Jul 13Is Aega (OB:AEGA) A Risky Investment?
Jun 10Does Aega (OB:AEGA) Have A Healthy Balance Sheet?
Sep 07Does Aega (OB:AEGA) Have A Healthy Balance Sheet?
Apr 28Recent updates
Is Aega (OB:AEGA) Using Debt Sensibly?
Apr 13Is Aega (OB:AEGA) Using Debt Sensibly?
Oct 26Is Aega (OB:AEGA) Weighed On By Its Debt Load?
Jul 13Is Aega (OB:AEGA) A Risky Investment?
Jun 10Does Aega (OB:AEGA) Have A Healthy Balance Sheet?
Sep 07Does Aega (OB:AEGA) Have A Healthy Balance Sheet?
Apr 28Should You Take Comfort From Insider Transactions At Aega ASA (OB:AEGA)?
Feb 28Is Aega (OB:AEGA) Using Debt In A Risky Way?
Jan 07Financial Position Analysis
Short Term Liabilities: AEGA's short term assets (€4.7M) exceed its short term liabilities (€2.1M).
Long Term Liabilities: AEGA's short term assets (€4.7M) do not cover its long term liabilities (€11.6M).
Debt to Equity History and Analysis
Debt Level: AEGA's net debt to equity ratio (85.3%) is considered high.
Reducing Debt: AEGA's debt to equity ratio has increased from 88.6% to 114.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AEGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AEGA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.4% per year.