Dovre Group Balance Sheet Health
Financial Health criteria checks 5/6
Dovre Group has a total shareholder equity of €37.4M and total debt of €4.4M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are €88.0M and €50.6M respectively. Dovre Group's EBIT is €7.0M making its interest coverage ratio 7.7. It has cash and short-term investments of €7.9M.
Key information
11.7%
Debt to equity ratio
€4.37m
Debt
Interest coverage ratio | 7.7x |
Cash | €7.91m |
Equity | €37.39m |
Total liabilities | €50.59m |
Total assets | €87.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0BE's short term assets (€58.7M) exceed its short term liabilities (€44.7M).
Long Term Liabilities: 0BE's short term assets (€58.7M) exceed its long term liabilities (€5.9M).
Debt to Equity History and Analysis
Debt Level: 0BE has more cash than its total debt.
Reducing Debt: 0BE's debt to equity ratio has reduced from 14.6% to 11.7% over the past 5 years.
Debt Coverage: 0BE's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 0BE's interest payments on its debt are well covered by EBIT (7.7x coverage).