EDAG Engineering Group Balance Sheet Health
Financial Health criteria checks 6/6
EDAG Engineering Group has a total shareholder equity of €162.5M and total debt of €159.4M, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are €730.6M and €568.0M respectively. EDAG Engineering Group's EBIT is €37.4M making its interest coverage ratio 3.1. It has cash and short-term investments of €107.3M.
Key information
98.1%
Debt to equity ratio
€159.41m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €107.29m |
| Equity | €162.53m |
| Total liabilities | €568.05m |
| Total assets | €730.58m |
Recent financial health updates
Recent updates
Shareholders Will Probably Be Cautious Of Increasing EDAG Engineering Group AG's (ETR:ED4) CEO Compensation At The Moment
Jun 15
EDAG 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 (€351.8M) exceed its short term liabilities (€229.4M).
Long Term Liabilities: ED4's short term assets (€351.8M) exceed its long term liabilities (€338.6M).
Debt to Equity History and Analysis
Debt Level: ED4's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: ED4's debt to equity ratio has reduced from 99.4% to 98.1% over the past 5 years.
Debt Coverage: ED4's debt is well covered by operating cash flow (25.6%).
Interest Coverage: ED4's interest payments on its debt are well covered by EBIT (3.1x coverage).