Demetra Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Demetra Holdings has a total shareholder equity of €406.6M and total debt of €8.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are €420.8M and €14.2M respectively. Demetra Holdings's EBIT is €7.2M making its interest coverage ratio 13.6. It has cash and short-term investments of €6.8M.
Key information
2.0%
Debt to equity ratio
€7.99m
Debt
| Interest coverage ratio | 13.6x |
| Cash | €6.76m |
| Equity | €406.64m |
| Total liabilities | €14.16m |
| Total assets | €420.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEM's short term assets (€41.5M) exceed its short term liabilities (€6.2M).
Long Term Liabilities: DEM's short term assets (€41.5M) exceed its long term liabilities (€7.9M).
Debt to Equity History and Analysis
Debt Level: DEM's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: DEM's debt to equity ratio has reduced from 7.8% to 2% over the past 5 years.
Debt Coverage: DEM's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: DEM's interest payments on its debt are well covered by EBIT (13.6x coverage).