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Defence Tech Holding Balance Sheet Health
Financial Health criteria checks 5/6
Defence Tech Holding has a total shareholder equity of €45.3M and total debt of €16.3M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are €71.0M and €25.8M respectively. Defence Tech Holding's EBIT is €5.2M making its interest coverage ratio 8.6. It has cash and short-term investments of €18.5M.
Key information
36.1%
Debt to equity ratio
€16.35m
Debt
| Interest coverage ratio | 8.6x |
| Cash | €18.49m |
| Equity | €45.27m |
| Total liabilities | €25.77m |
| Total assets | €71.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 65F's short term assets (€44.1M) exceed its short term liabilities (€20.3M).
Long Term Liabilities: 65F's short term assets (€44.1M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: 65F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 65F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 65F's debt is well covered by operating cash flow (32.2%).
Interest Coverage: 65F's interest payments on its debt are well covered by EBIT (8.6x coverage).