DEME Group Balance Sheet Health
Financial Health criteria checks 5/6
DEME Group has a total shareholder equity of €2.1B and total debt of €684.8M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are €5.3B and €3.3B respectively. DEME Group's EBIT is €328.7M making its interest coverage ratio 36.6. It has cash and short-term investments of €519.8M.
Key information
33.4%
Debt to equity ratio
€684.77m
Debt
| Interest coverage ratio | 36.6x |
| Cash | €519.75m |
| Equity | €2.05b |
| Total liabilities | €3.25b |
| Total assets | €5.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MT0's short term assets (€2.2B) do not cover its short term liabilities (€2.4B).
Long Term Liabilities: MT0's short term assets (€2.2B) exceed its long term liabilities (€811.1M).
Debt to Equity History and Analysis
Debt Level: MT0's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: MT0's debt to equity ratio has reduced from 66.2% to 33.4% over the past 5 years.
Debt Coverage: MT0's debt is well covered by operating cash flow (127.3%).
Interest Coverage: MT0's interest payments on its debt are well covered by EBIT (36.6x coverage).