Desarrollos Especiales de Sistemas de Anclaje Balance Sheet Health
Financial Health criteria checks 6/6
Desarrollos Especiales de Sistemas de Anclaje has a total shareholder equity of €19.9M and total debt of €8.7M, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are €39.8M and €19.9M respectively. Desarrollos Especiales de Sistemas de Anclaje's EBIT is €4.0M making its interest coverage ratio 26.4. It has cash and short-term investments of €958.8K.
Key information
43.9%
Debt to equity ratio
€8.73m
Debt
| Interest coverage ratio | 26.4x |
| Cash | €958.81k |
| Equity | €19.85m |
| Total liabilities | €19.95m |
| Total assets | €39.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DESA's short term assets (€24.8M) exceed its short term liabilities (€15.5M).
Long Term Liabilities: DESA's short term assets (€24.8M) exceed its long term liabilities (€4.4M).
Debt to Equity History and Analysis
Debt Level: DESA's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: DESA's debt to equity ratio has reduced from 113.1% to 43.9% over the past 5 years.
Debt Coverage: DESA's debt is well covered by operating cash flow (59.3%).
Interest Coverage: DESA's interest payments on its debt are well covered by EBIT (26.4x coverage).