Delignit Balance Sheet Health
Financial Health criteria checks 6/6
Delignit has a total shareholder equity of €36.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €48.5M and €11.6M respectively. Delignit's EBIT is €4.7M making its interest coverage ratio 24.4. It has cash and short-term investments of €10.4M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 24.4x |
Cash | €10.36m |
Equity | €36.86m |
Total liabilities | €11.62m |
Total assets | €48.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLX's short term assets (€30.8M) exceed its short term liabilities (€6.8M).
Long Term Liabilities: DLX's short term assets (€30.8M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: DLX is debt free.
Reducing Debt: DLX has no debt compared to 5 years ago when its debt to equity ratio was 43.6%.
Debt Coverage: DLX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DLX has no debt, therefore coverage of interest payments is not a concern.