DATRON Balance Sheet Health
Financial Health criteria checks 4/6
DATRON has a total shareholder equity of €40.4M and total debt of €233.2K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are €48.6M and €8.2M respectively. DATRON's EBIT is €6.2M making its interest coverage ratio -23.2. It has cash and short-term investments of €6.9M.
Key information
0.6%
Debt to equity ratio
€233.22k
Debt
Interest coverage ratio | -23.2x |
Cash | €6.86m |
Equity | €40.44m |
Total liabilities | €8.17m |
Total assets | €48.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAR's short term assets (€37.6M) exceed its short term liabilities (€6.3M).
Long Term Liabilities: DAR's short term assets (€37.6M) exceed its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: DAR has more cash than its total debt.
Reducing Debt: DAR's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: DAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DAR earns more interest than it pays, so coverage of interest payments is not a concern.