Digia Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Digia Oyj has a total shareholder equity of €75.4M and total debt of €32.1M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are €168.2M and €92.7M respectively. Digia Oyj's EBIT is €13.8M making its interest coverage ratio 10.7. It has cash and short-term investments of €12.4M.
Key information
42.6%
Debt to equity ratio
€32.14m
Debt
Interest coverage ratio | 10.7x |
Cash | €12.40m |
Equity | €75.42m |
Total liabilities | €92.74m |
Total assets | €168.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2Y's short term assets (€55.0M) do not cover its short term liabilities (€64.2M).
Long Term Liabilities: S2Y's short term assets (€55.0M) exceed its long term liabilities (€28.5M).
Debt to Equity History and Analysis
Debt Level: S2Y's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: S2Y's debt to equity ratio has increased from 24.1% to 42.6% over the past 5 years.
Debt Coverage: S2Y's debt is well covered by operating cash flow (52.8%).
Interest Coverage: S2Y's interest payments on its debt are well covered by EBIT (10.7x coverage).