Douglas Balance Sheet Health
Financial Health criteria checks 2/6
Douglas has a total shareholder equity of €694.7M and total debt of €1.3B, which brings its debt-to-equity ratio to 184.5%. Its total assets and total liabilities are €4.3B and €3.6B respectively. Douglas's EBIT is €373.2M making its interest coverage ratio 3.5. It has cash and short-term investments of €106.2M.
Key information
184.5%
Debt to equity ratio
€1.28b
Debt
| Interest coverage ratio | 3.5x |
| Cash | €106.20m |
| Equity | €694.70m |
| Total liabilities | €3.62b |
| Total assets | €4.31b |
Financial Position Analysis
Short Term Liabilities: DOU's short term assets (€1.2B) do not cover its short term liabilities (€1.4B).
Long Term Liabilities: DOU's short term assets (€1.2B) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: DOU's net debt to equity ratio (169.2%) is considered high.
Reducing Debt: Insufficient data to determine if DOU's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DOU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DOU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.8% per year.