Display Art Balance Sheet Health
Financial Health criteria checks 2/6
Display Art has a total shareholder equity of €1.2M and total debt of €2.1M, which brings its debt-to-equity ratio to 178.5%. Its total assets and total liabilities are €3.6M and €2.5M respectively. Display Art's EBIT is €285.8K making its interest coverage ratio 3.8. It has cash and short-term investments of €14.4K.
Key information
178.5%
Debt to equity ratio
€2.06m
Debt
| Interest coverage ratio | 3.8x |
| Cash | €14.41k |
| Equity | €1.15m |
| Total liabilities | €2.46m |
| Total assets | €3.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DISP's short term assets (€829.2K) do not cover its short term liabilities (€1.2M).
Long Term Liabilities: DISP's short term assets (€829.2K) do not cover its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: DISP's net debt to equity ratio (177.3%) is considered high.
Reducing Debt: DISP's debt to equity ratio has reduced from 214.2% to 178.5% over the past 5 years.
Debt Coverage: DISP's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: DISP's interest payments on its debt are well covered by EBIT (3.8x coverage).