Deceuninck Balance Sheet Health
Financial Health criteria checks 6/6
Deceuninck has a total shareholder equity of €258.9M and total debt of €123.3M, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are €675.1M and €416.2M respectively. Deceuninck's EBIT is €61.5M making its interest coverage ratio 12.6. It has cash and short-term investments of €72.9M.
Key information
47.6%
Debt to equity ratio
€123.30m
Debt
Interest coverage ratio | 12.6x |
Cash | €72.89m |
Equity | €258.92m |
Total liabilities | €416.17m |
Total assets | €675.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1Z4's short term assets (€404.5M) exceed its short term liabilities (€379.0M).
Long Term Liabilities: 1Z4's short term assets (€404.5M) exceed its long term liabilities (€37.2M).
Debt to Equity History and Analysis
Debt Level: 1Z4's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 1Z4's debt to equity ratio has reduced from 58.5% to 47.6% over the past 5 years.
Debt Coverage: 1Z4's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 1Z4's interest payments on its debt are well covered by EBIT (12.6x coverage).