DEME Group Balance Sheet Health
Financial Health criteria checks 5/6
DEME Group has a total shareholder equity of €2.1B and total debt of €684.8M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are €5.3B and €3.3B respectively. DEME Group's EBIT is €328.7M making its interest coverage ratio 36.6. It has cash and short-term investments of €519.8M.
Key information
33.4%
Debt to equity ratio
€684.77m
Debt
| Interest coverage ratio | 36.6x |
| Cash | €519.75m |
| Equity | €2.05b |
| Total liabilities | €3.25b |
| Total assets | €5.30b |
Recent financial health updates
These 4 Measures Indicate That DEME Group (EBR:DEME) Is Using Debt Safely
Oct 18
We Think DEME Group (EBR:DEME) Can Stay On Top Of Its Debt
Apr 24Recent updates
The Return Trends At DEME Group (EBR:DEME) Look Promising
Nov 08These 4 Measures Indicate That DEME Group (EBR:DEME) Is Using Debt Safely
Oct 18Is DEME Group NV (EBR:DEME) Potentially Undervalued?
Sep 27We Think DEME Group's (EBR:DEME) Robust Earnings Are Conservative
Sep 06Earnings Beat: DEME Group NV Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Sep 01DEME Group NV (EBR:DEME) Not Lagging Market On Growth Or Pricing
Jul 25DEME Group NV's (EBR:DEME) Intrinsic Value Is Potentially 85% Above Its Share Price
Jul 04The Returns At DEME Group (EBR:DEME) Aren't Growing
Jun 11We Think DEME Group (EBR:DEME) Can Stay On Top Of Its Debt
Apr 24Market Participants Recognise DEME Group NV's (EBR:DEME) Earnings Pushing Shares 26% Higher
Mar 20Results: DEME Group NV Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 03DEME Group (EBR:DEME) Will Be Hoping To Turn Its Returns On Capital Around
Feb 24Is There An Opportunity With DEME Group NV's (EBR:DEME) 45% Undervaluation?
Dec 03DEME Group (EBR:DEME) Will Be Hoping To Turn Its Returns On Capital Around
Aug 24Estimating The Intrinsic Value Of DEME Group NV (EBR:DEME)
Jul 19Investors Continue Waiting On Sidelines For DEME Group NV (EBR:DEME)
Jun 21A Look At The Fair Value Of DEME Group NV (EBR:DEME)
Jan 05Financial Position Analysis
Short Term Liabilities: DEME's short term assets (€2.2B) do not cover its short term liabilities (€2.4B).
Long Term Liabilities: DEME's short term assets (€2.2B) exceed its long term liabilities (€811.1M).
Debt to Equity History and Analysis
Debt Level: DEME's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: DEME's debt to equity ratio has reduced from 66.2% to 33.4% over the past 5 years.
Debt Coverage: DEME's debt is well covered by operating cash flow (127.3%).
Interest Coverage: DEME's interest payments on its debt are well covered by EBIT (36.6x coverage).