Dantax Balance Sheet Health
Financial Health criteria checks 5/6
Dantax has a total shareholder equity of DKK71.3M and total debt of DKK3.1M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are DKK79.3M and DKK7.9M respectively. Dantax's EBIT is DKK3.3M making its interest coverage ratio -0.7. It has cash and short-term investments of DKK65.5M.
Key information
4.4%
Debt to equity ratio
kr.3.13m
Debt
| Interest coverage ratio | -0.7x |
| Cash | kr.65.54m |
| Equity | kr.71.35m |
| Total liabilities | kr.7.93m |
| Total assets | kr.79.28m |
Recent financial health updates
No updates
Recent updates
Dantax's (CPH:DANT) Earnings Aren't As Good As They Appear
Feb 14
Dantax's (CPH:DANT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 28Here's What's Concerning About Dantax's (CPH:DANT) Returns On Capital
Jan 17A Look At The Intrinsic Value Of Dantax A/S (CPH:DANT)
Dec 07Dantax (CPH:DANT) Will Be Hoping To Turn Its Returns On Capital Around
Sep 22A Look At The Fair Value Of Dantax A/S (CPH:DANT)
May 20Could Dantax A/S (CPH:DANT) Have The Makings Of Another Dividend Aristocrat?
Mar 28A Look At The Intrinsic Value Of Dantax A/S (CPH:DANT)
Feb 14Investors In Dantax A/S (CPH:DANT) Should Consider This, First
Dec 27Financial Position Analysis
Short Term Liabilities: DANT's short term assets (DKK76.9M) exceed its short term liabilities (DKK7.2M).
Long Term Liabilities: DANT's short term assets (DKK76.9M) exceed its long term liabilities (DKK777.0K).
Debt to Equity History and Analysis
Debt Level: DANT has more cash than its total debt.
Reducing Debt: DANT's debt to equity ratio has increased from 0.5% to 4.4% over the past 5 years.
Debt Coverage: DANT's debt is well covered by operating cash flow (82.2%).
Interest Coverage: DANT earns more interest than it pays, so coverage of interest payments is not a concern.