flatexDEGIRO Balance Sheet Health
Financial Health criteria checks 5/6
flatexDEGIRO has a total shareholder equity of €728.7M and total debt of €126.1M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are €4.7B and €3.9B respectively.
Key information
17.3%
Debt to equity ratio
€126.09m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.69b |
| Equity | €728.71m |
| Total liabilities | €3.95b |
| Total assets | €4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTK's short term assets (€3.9B) exceed its short term liabilities (€3.8B).
Long Term Liabilities: FTK's short term assets (€3.9B) exceed its long term liabilities (€103.2M).
Debt to Equity History and Analysis
Debt Level: FTK has more cash than its total debt.
Reducing Debt: FTK's debt to equity ratio has reduced from 34.4% to 17.3% over the past 5 years.
Debt Coverage: FTK's debt is well covered by operating cash flow (167.7%).
Interest Coverage: Insufficient data to determine if FTK's interest payments on its debt are well covered by EBIT.