Daldrup & Söhne Balance Sheet Health
Financial Health criteria checks 4/6
Daldrup & Söhne has a total shareholder equity of €20.7M and total debt of €4.6M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are €36.4M and €15.6M respectively. Daldrup & Söhne's EBIT is €1.6M making its interest coverage ratio 2.8. It has cash and short-term investments of €1.8M.
Key information
22.3%
Debt to equity ratio
€4.62m
Debt
Interest coverage ratio | 2.8x |
Cash | €1.81m |
Equity | €20.74m |
Total liabilities | €15.64m |
Total assets | €36.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4DS's short term assets (€26.7M) exceed its short term liabilities (€11.7M).
Long Term Liabilities: 4DS's short term assets (€26.7M) exceed its long term liabilities (€3.9M).
Debt to Equity History and Analysis
Debt Level: 4DS's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 4DS's debt to equity ratio has increased from 14.7% to 22.3% over the past 5 years.
Debt Coverage: 4DS's debt is well covered by operating cash flow (110.8%).
Interest Coverage: 4DS's interest payments on its debt are not well covered by EBIT (2.8x coverage).