DATRON Balance Sheet Health
Financial Health criteria checks 5/6
DATRON has a total shareholder equity of €43.1M and total debt of €14.7M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are €67.1M and €24.0M respectively. DATRON's EBIT is €5.1M making its interest coverage ratio -19. It has cash and short-term investments of €5.2M.
Key information
34.1%
Debt to equity ratio
€14.70m
Debt
| Interest coverage ratio | -19x |
| Cash | €5.19m |
| Equity | €43.11m |
| Total liabilities | €23.99m |
| Total assets | €67.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAR's short term assets (€33.4M) exceed its short term liabilities (€7.7M).
Long Term Liabilities: DAR's short term assets (€33.4M) exceed its long term liabilities (€16.3M).
Debt to Equity History and Analysis
Debt Level: DAR's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: DAR's debt to equity ratio has increased from 3.4% to 34.1% over the past 5 years.
Debt Coverage: DAR's debt is well covered by operating cash flow (43.4%).
Interest Coverage: DAR earns more interest than it pays, so coverage of interest payments is not a concern.