Digi International Balance Sheet Health
Financial Health criteria checks 4/6
Digi International has a total shareholder equity of $581.0M and total debt of $123.2M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are $815.1M and $234.0M respectively. Digi International's EBIT is $48.1M making its interest coverage ratio 1.9. It has cash and short-term investments of $27.5M.
Key information
21.2%
Debt to equity ratio
US$123.19m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$27.51m |
| Equity | US$581.04m |
| Total liabilities | US$234.04m |
| Total assets | US$815.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGI's short term assets ($154.4M) exceed its short term liabilities ($89.3M).
Long Term Liabilities: DGI's short term assets ($154.4M) exceed its long term liabilities ($144.7M).
Debt to Equity History and Analysis
Debt Level: DGI's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: DGI's debt to equity ratio has increased from 0% to 21.2% over the past 5 years.
Debt Coverage: DGI's debt is well covered by operating cash flow (67.5%).
Interest Coverage: DGI's interest payments on its debt are not well covered by EBIT (1.9x coverage).