Aixia Group Balance Sheet Health
Financial Health criteria checks 4/6
Aixia Group has a total shareholder equity of SEK22.9M and total debt of SEK13.9M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are SEK55.0M and SEK32.1M respectively. Aixia Group's EBIT is SEK11.9M making its interest coverage ratio 15.8. It has cash and short-term investments of SEK16.8M.
Key information
60.9%
Debt to equity ratio
kr13.92m
Debt
| Interest coverage ratio | 15.8x |
| Cash | kr16.77m |
| Equity | kr22.87m |
| Total liabilities | kr32.09m |
| Total assets | kr54.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIXIA B's short term assets (SEK30.8M) exceed its short term liabilities (SEK22.0M).
Long Term Liabilities: AIXIA B's short term assets (SEK30.8M) exceed its long term liabilities (SEK10.1M).
Debt to Equity History and Analysis
Debt Level: AIXIA B has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AIXIA B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AIXIA B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AIXIA B's interest payments on its debt are well covered by EBIT (15.8x coverage).