NETinfo Balance Sheet Health
Financial Health criteria checks 4/6
NETinfo has a total shareholder equity of €4.8M and total debt of €3.3M, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are €10.4M and €5.6M respectively. NETinfo's EBIT is €1.3M making its interest coverage ratio 9.4. It has cash and short-term investments of €64.9K.
Key information
68.8%
Debt to equity ratio
€3.34m
Debt
| Interest coverage ratio | 9.4x |
| Cash | €64.89k |
| Equity | €4.85m |
| Total liabilities | €5.56m |
| Total assets | €10.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETIN's short term assets (€2.6M) do not cover its short term liabilities (€3.6M).
Long Term Liabilities: NETIN's short term assets (€2.6M) exceed its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: NETIN's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: NETIN's debt to equity ratio has reduced from 141.4% to 68.8% over the past 5 years.
Debt Coverage: NETIN's debt is well covered by operating cash flow (34.3%).
Interest Coverage: NETIN's interest payments on its debt are well covered by EBIT (9.4x coverage).