Deutsche Balaton Balance Sheet Health
Financial Health criteria checks 5/6
Deutsche Balaton has a total shareholder equity of €454.5M and total debt of €52.1M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are €565.6M and €111.1M respectively. Deutsche Balaton's EBIT is €25.5M making its interest coverage ratio -6. It has cash and short-term investments of €84.6M.
Key information
11.5%
Debt to equity ratio
€52.07m
Debt
| Interest coverage ratio | -6x |
| Cash | €84.55m |
| Equity | €454.49m |
| Total liabilities | €111.06m |
| Total assets | €565.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBHK's short term assets (€124.5M) exceed its short term liabilities (€65.3M).
Long Term Liabilities: BBHK's short term assets (€124.5M) exceed its long term liabilities (€45.8M).
Debt to Equity History and Analysis
Debt Level: BBHK has more cash than its total debt.
Reducing Debt: BBHK's debt to equity ratio has reduced from 45.9% to 11.5% over the past 5 years.
Debt Coverage: BBHK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BBHK earns more interest than it pays, so coverage of interest payments is not a concern.