NETinfo Balance Sheet Health
Financial Health criteria checks 1/6
NETinfo has a total shareholder equity of €3.9M and total debt of €3.9M, which brings its debt-to-equity ratio to 100%. Its total assets and total liabilities are €9.7M and €5.8M respectively. NETinfo's EBIT is €69.0K making its interest coverage ratio 0.5. It has cash and short-term investments of €638.3K.
Key information
100.0%
Debt to equity ratio
€3.94m
Debt
Interest coverage ratio | 0.5x |
Cash | €638.27k |
Equity | €3.94m |
Total liabilities | €5.77m |
Total assets | €9.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETIN's short term assets (€2.3M) do not cover its short term liabilities (€3.0M).
Long Term Liabilities: NETIN's short term assets (€2.3M) do not cover its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: NETIN's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: NETIN's debt to equity ratio has reduced from 153.4% to 100% over the past 5 years.
Debt Coverage: NETIN's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: NETIN's interest payments on its debt are not well covered by EBIT (0.5x coverage).