Aixia Group Balance Sheet Health
Financial Health criteria checks 5/6
Aixia Group has a total shareholder equity of SEK26.7M and total debt of SEK11.5M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are SEK65.3M and SEK38.6M respectively. Aixia Group's EBIT is SEK18.5M making its interest coverage ratio 22.7. It has cash and short-term investments of SEK16.6M.
Key information
43.1%
Debt to equity ratio
SEK 11.52m
Debt
| Interest coverage ratio | 22.7x |
| Cash | SEK 16.57m |
| Equity | SEK 26.70m |
| Total liabilities | SEK 38.57m |
| Total assets | SEK 65.28m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AIXIA B's short term assets (SEK42.6M) exceed its short term liabilities (SEK30.9M).
Long Term Liabilities: AIXIA B's short term assets (SEK42.6M) exceed its long term liabilities (SEK7.7M).
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 debt is well covered by operating cash flow (271.6%).
Interest Coverage: AIXIA B's interest payments on its debt are well covered by EBIT (22.7x coverage).