edding Balance Sheet Health
Financial Health criteria checks 5/6
edding has a total shareholder equity of €66.8M and total debt of €10.5M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are €126.6M and €59.8M respectively. edding's EBIT is €8.0M making its interest coverage ratio 12.7. It has cash and short-term investments of €24.9M.
Key information
15.7%
Debt to equity ratio
€10.46m
Debt
Interest coverage ratio | 12.7x |
Cash | €24.89m |
Equity | €66.81m |
Total liabilities | €59.76m |
Total assets | €126.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDD3's short term assets (€84.6M) exceed its short term liabilities (€35.2M).
Long Term Liabilities: EDD3's short term assets (€84.6M) exceed its long term liabilities (€24.5M).
Debt to Equity History and Analysis
Debt Level: EDD3 has more cash than its total debt.
Reducing Debt: EDD3's debt to equity ratio has increased from 7.3% to 15.7% over the past 5 years.
Debt Coverage: EDD3's debt is well covered by operating cash flow (107.2%).
Interest Coverage: EDD3's interest payments on its debt are well covered by EBIT (12.7x coverage).