Aixia Group Balance Sheet Health
Financial Health criteria checks 5/6
Aixia Group has a total shareholder equity of SEK25.8M and total debt of SEK12.3M, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are SEK61.4M and SEK35.6M respectively. Aixia Group's EBIT is SEK18.0M making its interest coverage ratio 22.9. It has cash and short-term investments of SEK25.0M.
Key information
47.7%
Debt to equity ratio
SEK 12.29m
Debt
| Interest coverage ratio | 22.9x |
| Cash | SEK 25.00m |
| Equity | SEK 25.79m |
| Total liabilities | SEK 35.63m |
| Total assets | SEK 61.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AIXIA B's short term assets (SEK39.1M) exceed its short term liabilities (SEK27.0M).
Long Term Liabilities: AIXIA B's short term assets (SEK39.1M) exceed its long term liabilities (SEK8.6M).
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 (254.4%).
Interest Coverage: AIXIA B's interest payments on its debt are well covered by EBIT (22.9x coverage).