Demant Balance Sheet Health

Financial Health criteria checks 3/6

Demant has a total shareholder equity of DKK9.5B and total debt of DKK13.1B, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are DKK32.4B and DKK22.9B respectively. Demant's EBIT is DKK4.0B making its interest coverage ratio 7.8. It has cash and short-term investments of DKK1.0B.

Key information

137.5%

Debt to equity ratio

DKK 13.10b

Debt

Interest coverage ratio7.8x
CashDKK 1.05b
EquityDKK 9.52b
Total liabilitiesDKK 22.87b
Total assetsDKK 32.39b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DEMA's short term assets (DKK10.7B) exceed its short term liabilities (DKK7.5B).

Long Term Liabilities: DEMA's short term assets (DKK10.7B) do not cover its long term liabilities (DKK15.4B).


Debt to Equity History and Analysis

Debt Level: DEMA's net debt to equity ratio (126.5%) is considered high.

Reducing Debt: DEMA's debt to equity ratio has increased from 95.3% to 137.5% over the past 5 years.

Debt Coverage: DEMA's debt is well covered by operating cash flow (27.8%).

Interest Coverage: DEMA's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


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