Dierig Holding Balance Sheet Health
Financial Health criteria checks 3/6
Dierig Holding has a total shareholder equity of €51.8M and total debt of €33.6M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are €113.7M and €61.9M respectively. Dierig Holding's EBIT is €5.5M making its interest coverage ratio 6. It has cash and short-term investments of €5.0M.
Key information
64.9%
Debt to equity ratio
€33.57m
Debt
| Interest coverage ratio | 6x |
| Cash | €5.04m |
| Equity | €51.76m |
| Total liabilities | €61.93m |
| Total assets | €113.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIE's short term assets (€21.4M) do not cover its short term liabilities (€27.2M).
Long Term Liabilities: DIE's short term assets (€21.4M) do not cover its long term liabilities (€34.7M).
Debt to Equity History and Analysis
Debt Level: DIE's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: DIE's debt to equity ratio has reduced from 122.5% to 64.9% over the past 5 years.
Debt Coverage: DIE's debt is well covered by operating cash flow (25.1%).
Interest Coverage: DIE's interest payments on its debt are well covered by EBIT (6x coverage).