Delignit Balance Sheet Health
Financial Health criteria checks 6/6
Delignit has a total shareholder equity of €37.0M and total debt of €2.3M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are €50.0M and €13.0M respectively. Delignit's EBIT is €2.5M making its interest coverage ratio 90.5. It has cash and short-term investments of €11.0M.
Key information
6.2%
Debt to equity ratio
€2.29m
Debt
| Interest coverage ratio | 90.5x |
| Cash | €10.98m |
| Equity | €37.02m |
| Total liabilities | €12.95m |
| Total assets | €49.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLX's short term assets (€31.5M) exceed its short term liabilities (€8.5M).
Long Term Liabilities: DLX's short term assets (€31.5M) exceed its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: DLX has more cash than its total debt.
Reducing Debt: DLX's debt to equity ratio has reduced from 57.2% to 6.2% over the past 5 years.
Debt Coverage: DLX's debt is well covered by operating cash flow (453%).
Interest Coverage: DLX's interest payments on its debt are well covered by EBIT (90.5x coverage).