Digital360 Balance Sheet Health
Financial Health criteria checks 3/6
Digital360 has a total shareholder equity of €27.9M and total debt of €31.5M, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are €107.7M and €79.8M respectively. Digital360's EBIT is €4.7M making its interest coverage ratio 4.3. It has cash and short-term investments of €13.7M.
Key information
112.8%
Debt to equity ratio
€31.53m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €13.74m |
| Equity | €27.95m |
| Total liabilities | €79.77m |
| Total assets | €107.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UJ8's short term assets (€63.7M) exceed its short term liabilities (€48.1M).
Long Term Liabilities: UJ8's short term assets (€63.7M) exceed its long term liabilities (€31.7M).
Debt to Equity History and Analysis
Debt Level: UJ8's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: UJ8's debt to equity ratio has increased from 68.7% to 112.8% over the past 5 years.
Debt Coverage: UJ8's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: UJ8's interest payments on its debt are well covered by EBIT (4.3x coverage).