Digia Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Digia Oyj has a total shareholder equity of €76.3M and total debt of €27.3M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are €168.6M and €92.3M respectively. Digia Oyj's EBIT is €15.2M making its interest coverage ratio 10.7. It has cash and short-term investments of €14.3M.
Key information
35.8%
Debt to equity ratio
€27.30m
Debt
| Interest coverage ratio | 10.7x |
| Cash | €14.30m |
| Equity | €76.28m |
| Total liabilities | €92.34m |
| Total assets | €168.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2Y's short term assets (€58.2M) do not cover its short term liabilities (€69.0M).
Long Term Liabilities: S2Y's short term assets (€58.2M) exceed its long term liabilities (€23.4M).
Debt to Equity History and Analysis
Debt Level: S2Y's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: S2Y's debt to equity ratio has increased from 19.9% to 35.8% over the past 5 years.
Debt Coverage: S2Y's debt is well covered by operating cash flow (83%).
Interest Coverage: S2Y's interest payments on its debt are well covered by EBIT (10.7x coverage).