Deceuninck Balance Sheet Health
Financial Health criteria checks 5/6
Deceuninck has a total shareholder equity of €342.6M and total debt of €160.5M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are €725.5M and €382.9M respectively. Deceuninck's EBIT is €74.3M making its interest coverage ratio 12.1. It has cash and short-term investments of €17.8M.
Key information
46.9%
Debt to equity ratio
€160.55m
Debt
| Interest coverage ratio | 12.1x |
| Cash | €17.77m |
| Equity | €342.58m |
| Total liabilities | €382.89m |
| Total assets | €725.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1Z4's short term assets (€346.5M) exceed its short term liabilities (€241.6M).
Long Term Liabilities: 1Z4's short term assets (€346.5M) exceed its long term liabilities (€141.3M).
Debt to Equity History and Analysis
Debt Level: 1Z4's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: 1Z4's debt to equity ratio has reduced from 63.6% to 46.9% over the past 5 years.
Debt Coverage: 1Z4's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 1Z4's interest payments on its debt are well covered by EBIT (12.1x coverage).