Abo Mix Balance Sheet Health
Financial Health criteria checks 5/6
Abo Mix has a total shareholder equity of RON22.4M and total debt of RON5.0M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are RON28.4M and RON6.0M respectively. Abo Mix's EBIT is RON3.1M making its interest coverage ratio 5.4. It has cash and short-term investments of RON11.2M.
Key information
22.3%
Debt to equity ratio
RON 5.00m
Debt
| Interest coverage ratio | 5.4x |
| Cash | RON 11.16m |
| Equity | RON 22.44m |
| Total liabilities | RON 5.99m |
| Total assets | RON 28.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUIA's short term assets (RON15.7M) exceed its short term liabilities (RON989.1K).
Long Term Liabilities: NUIA's short term assets (RON15.7M) exceed its long term liabilities (RON5.0M).
Debt to Equity History and Analysis
Debt Level: NUIA has more cash than its total debt.
Reducing Debt: NUIA's debt to equity ratio has reduced from 24.9% to 22.3% over the past 5 years.
Debt Coverage: NUIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NUIA's interest payments on its debt are well covered by EBIT (5.4x coverage).