Digi International Balance Sheet Health
Financial Health criteria checks 3/6
Digi International has a total shareholder equity of $549.6M and total debt of $171.8M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are $825.3M and $275.7M respectively. Digi International's EBIT is $46.2M making its interest coverage ratio 1.4. It has cash and short-term investments of $23.8M.
Key information
31.2%
Debt to equity ratio
US$171.75m
Debt
Interest coverage ratio | 1.4x |
Cash | US$23.80m |
Equity | US$549.63m |
Total liabilities | US$275.67m |
Total assets | US$825.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGI's short term assets ($166.4M) exceed its short term liabilities ($81.1M).
Long Term Liabilities: DGI's short term assets ($166.4M) do not cover its long term liabilities ($194.5M).
Debt to Equity History and Analysis
Debt Level: DGI's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: DGI's debt to equity ratio has increased from 0% to 31.2% over the past 5 years.
Debt Coverage: DGI's debt is well covered by operating cash flow (34.3%).
Interest Coverage: DGI's interest payments on its debt are not well covered by EBIT (1.4x coverage).