Aerowash Balance Sheet Health
Financial Health criteria checks 2/6
Aerowash has a total shareholder equity of SEK22.0M and total debt of SEK19.1M, which brings its debt-to-equity ratio to 87%. Its total assets and total liabilities are SEK66.2M and SEK44.2M respectively. Aerowash's EBIT is SEK241.0K making its interest coverage ratio 0.1. It has cash and short-term investments of SEK1.6M.
Key information
87.0%
Debt to equity ratio
kr19.12m
Debt
| Interest coverage ratio | 0.07x |
| Cash | kr1.56m |
| Equity | kr21.99m |
| Total liabilities | kr44.22m |
| Total assets | kr66.21m |
Financial Position Analysis
Short Term Liabilities: AERW B's short term assets (SEK37.9M) exceed its short term liabilities (SEK27.7M).
Long Term Liabilities: AERW B's short term assets (SEK37.9M) exceed its long term liabilities (SEK16.5M).
Debt to Equity History and Analysis
Debt Level: AERW B's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: AERW B's debt to equity ratio has increased from 53% to 87% 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: AERW B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AERW B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.5% each year