EDAG Engineering Group Balance Sheet Health
Financial Health criteria checks 5/6
EDAG Engineering Group has a total shareholder equity of €162.7M and total debt of €157.0M, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are €723.6M and €560.9M respectively. EDAG Engineering Group's EBIT is €38.5M making its interest coverage ratio 2.6. It has cash and short-term investments of €100.8M.
Key information
96.5%
Debt to equity ratio
€156.98m
Debt
| Interest coverage ratio | 2.6x |
| Cash | €100.79m |
| Equity | €162.72m |
| Total liabilities | €560.88m |
| Total assets | €723.60m |
Recent financial health updates
Recent updates
EDAG Engineering Group's (ETR:ED4) Soft Earnings Are Actually Better Than They Appear
Sep 07
Shareholders Will Probably Be Cautious Of Increasing EDAG Engineering Group AG's (ETR:ED4) CEO Compensation At The Moment
Jun 15EDAG Engineering Group's (ETR:ED4) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 04A Look At The Fair Value Of EDAG Engineering Group AG (ETR:ED4)
Apr 30We Think EDAG Engineering Group (ETR:ED4) Is Taking Some Risk With Its Debt
Feb 19
These Metrics Don't Make EDAG Engineering Group (ETR:ED4) Look Too Strong
Jan 15How Much Did EDAG Engineering Group's(ETR:ED4) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 11Financial Position Analysis
Short Term Liabilities: ED4's short term assets (€344.8M) exceed its short term liabilities (€259.0M).
Long Term Liabilities: ED4's short term assets (€344.8M) exceed its long term liabilities (€301.9M).
Debt to Equity History and Analysis
Debt Level: ED4's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: ED4's debt to equity ratio has reduced from 122.3% to 96.5% over the past 5 years.
Debt Coverage: ED4's debt is well covered by operating cash flow (68.2%).
Interest Coverage: ED4's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EDAG Engineering Group AG is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Malte Schmidt | Bankhaus Lampe KG |
| Catharina Claes | Berenberg |
| Yasmin Steilen | Berenberg |