DocCheck Balance Sheet Health
Financial Health criteria checks 6/6
DocCheck has a total shareholder equity of €38.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €56.1M and €18.1M respectively. DocCheck's EBIT is €3.4M making its interest coverage ratio -4. It has cash and short-term investments of €17.5M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -4x |
Cash | €17.52m |
Equity | €38.03m |
Total liabilities | €18.11m |
Total assets | €56.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJ91's short term assets (€34.5M) exceed its short term liabilities (€13.0M).
Long Term Liabilities: AJ91's short term assets (€34.5M) exceed its long term liabilities (€5.1M).
Debt to Equity History and Analysis
Debt Level: AJ91 is debt free.
Reducing Debt: AJ91 has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: AJ91 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AJ91 has no debt, therefore coverage of interest payments is not a concern.