Aena S.M.E Balance Sheet Health
Financial Health criteria checks 4/6
Aena S.M.E has a total shareholder equity of €7.6B and total debt of €8.5B, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are €17.6B and €10.0B respectively. Aena S.M.E's EBIT is €2.0B making its interest coverage ratio 9.7. It has cash and short-term investments of €2.4B.
Key information
112.8%
Debt to equity ratio
€8.52b
Debt
Interest coverage ratio | 9.7x |
Cash | €2.40b |
Equity | €7.56b |
Total liabilities | €10.00b |
Total assets | €17.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANNS.F's short term assets (€3.4B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: ANNS.F's short term assets (€3.4B) do not cover its long term liabilities (€7.3B).
Debt to Equity History and Analysis
Debt Level: ANNS.F's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: ANNS.F's debt to equity ratio has reduced from 122.6% to 112.8% over the past 5 years.
Debt Coverage: ANNS.F's debt is well covered by operating cash flow (26%).
Interest Coverage: ANNS.F's interest payments on its debt are well covered by EBIT (9.7x coverage).