Neon Equity Balance Sheet Health
Financial Health criteria checks 4/6
Neon Equity has a total shareholder equity of €270.4M and total debt of €5.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are €291.1M and €20.7M respectively. Neon Equity's EBIT is €70.7M making its interest coverage ratio -35.6. It has cash and short-term investments of €1.1M.
Key information
2.0%
Debt to equity ratio
€5.52m
Debt
| Interest coverage ratio | -35.6x |
| Cash | €1.09m |
| Equity | €270.38m |
| Total liabilities | €20.68m |
| Total assets | €291.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D77's short term assets (€37.5M) exceed its short term liabilities (€9.6M).
Long Term Liabilities: D77's short term assets (€37.5M) exceed its long term liabilities (€11.0M).
Debt to Equity History and Analysis
Debt Level: D77's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if D77's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if D77's debt is well covered by operating cash flow.
Interest Coverage: D77 earns more interest than it pays, so coverage of interest payments is not a concern.