Aerowash Balance Sheet Health
Financial Health criteria checks 4/6
Aerowash has a total shareholder equity of SEK50.1M and total debt of SEK10.6M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are SEK84.2M and SEK34.0M respectively. Aerowash's EBIT is SEK8.5M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK9.8M.
Key information
21.1%
Debt to equity ratio
SEK 10.55m
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 9.85m |
| Equity | SEK 50.14m |
| Total liabilities | SEK 34.02m |
| Total assets | SEK 84.16m |
Recent financial health updates
Is Aerowash (NGM:AERW B) Using Too Much Debt?
Sep 06
Here's Why Aerowash (NGM:AERW B) Has A Meaningful Debt Burden
Mar 26Would Aerowash (NGM:AERW B) Be Better Off With Less Debt?
Jun 16Does Aerowash (NGM:AERW B) Have A Healthy Balance Sheet?
Mar 02Recent updates
Is Aerowash (NGM:AERW B) Using Too Much Debt?
Sep 06Here's Why Aerowash (NGM:AERW B) Has A Meaningful Debt Burden
Mar 26Calculating The Intrinsic Value Of Aerowash AB (publ) (NGM:AERW B)
Jan 19Would Aerowash (NGM:AERW B) Be Better Off With Less Debt?
Jun 16Does Aerowash (NGM:AERW B) Have A Healthy Balance Sheet?
Mar 02Financial Position Analysis
Short Term Liabilities: AERW B's short term assets (SEK54.7M) exceed its short term liabilities (SEK26.1M).
Long Term Liabilities: AERW B's short term assets (SEK54.7M) exceed its long term liabilities (SEK8.0M).
Debt to Equity History and Analysis
Debt Level: AERW B's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: AERW B's debt to equity ratio has increased from 14.7% to 21.1% over the past 5 years.
Debt Coverage: AERW B's debt is well covered by operating cash flow (33.4%).
Interest Coverage: AERW B's interest payments on its debt are not well covered by EBIT (1.6x coverage).