Dovre Group Balance Sheet Health
Financial Health criteria checks 5/6
Dovre Group has a total shareholder equity of €37.4M and total debt of €4.4M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are €88.0M and €50.6M respectively. Dovre Group's EBIT is €7.0M making its interest coverage ratio 7.7. It has cash and short-term investments of €7.9M.
Key information
11.7%
Debt to equity ratio
€4.37m
Debt
| Interest coverage ratio | 7.7x |
| Cash | €7.91m |
| Equity | €37.39m |
| Total liabilities | €50.59m |
| Total assets | €87.99m |
Recent financial health updates
Is Dovre Group (HEL:DOV1V) Using Too Much Debt?
Aug 18
Dovre Group (HEL:DOV1V) Has A Rock Solid Balance Sheet
Mar 28Recent updates
Returns At Dovre Group (HEL:DOV1V) Are On The Way Up
Apr 19The Trend Of High Returns At Dovre Group (HEL:DOV1V) Has Us Very Interested
Jun 27Dovre Group Plc (HEL:DOV1V) Released Earnings Last Week And Analysts Lifted Their Price Target To €0.80
Feb 26Is Dovre Group (HEL:DOV1V) Using Too Much Debt?
Aug 18Dovre Group's (HEL:DOV1V) Returns On Capital Are Heading Higher
May 31Dovre Group (HEL:DOV1V) Has A Rock Solid Balance Sheet
Mar 28What Can The Trends At Dovre Group (HEL:DOV1V) Tell Us About Their Returns?
Mar 01Dovre Group Plc's (HEL:DOV1V) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 25
We're Not Counting On Dovre Group (HEL:DOV1V) To Sustain Its Statutory Profitability
Dec 14Is There More Growth In Store For Dovre Group's (HEL:DOV1V) Returns On Capital?
Nov 23Financial Position Analysis
Short Term Liabilities: DOV1V's short term assets (€58.7M) exceed its short term liabilities (€44.7M).
Long Term Liabilities: DOV1V's short term assets (€58.7M) exceed its long term liabilities (€5.9M).
Debt to Equity History and Analysis
Debt Level: DOV1V has more cash than its total debt.
Reducing Debt: DOV1V's debt to equity ratio has reduced from 14.6% to 11.7% over the past 5 years.
Debt Coverage: DOV1V's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: DOV1V's interest payments on its debt are well covered by EBIT (7.7x coverage).