Aqua Power Systems Balance Sheet Health
Financial Health criteria checks 1/6
Aqua Power Systems has a total shareholder equity of $19.5M and total debt of $28.3M, which brings its debt-to-equity ratio to 145%. Its total assets and total liabilities are $85.9M and $66.4M respectively.
Key information
145.0%
Debt to equity ratio
US$28.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$156.89k |
| Equity | US$19.50m |
| Total liabilities | US$66.41m |
| Total assets | US$85.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APSI's short term assets ($8.6M) do not cover its short term liabilities ($19.9M).
Long Term Liabilities: APSI's short term assets ($8.6M) do not cover its long term liabilities ($46.6M).
Debt to Equity History and Analysis
Debt Level: APSI's net debt to equity ratio (144.2%) is considered high.
Reducing Debt: APSI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: APSI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if APSI's interest payments on its debt are well covered by EBIT.