Detection Technology Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Detection Technology Oyj has a total shareholder equity of €73.0M and total debt of €6.4M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are €94.5M and €21.5M respectively. Detection Technology Oyj's EBIT is €8.2M making its interest coverage ratio -944.8. It has cash and short-term investments of €19.1M.
Key information
8.8%
Debt to equity ratio
€6.44m
Debt
| Interest coverage ratio | -944.8x |
| Cash | €19.10m |
| Equity | €72.99m |
| Total liabilities | €21.53m |
| Total assets | €94.52m |
Recent financial health updates
Recent updates
Detection Technology Oyj's (HEL:DETEC) Intrinsic Value Is Potentially 26% Above Its Share Price
Apr 28
Detection Technology Oyj (HEL:DETEC) Is Paying Out A Larger Dividend Than Last Year
Mar 15Results: Detection Technology Oyj Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 06Investors Interested In Detection Technology Oyj's (HEL:DETEC) Earnings
Jan 03An Intrinsic Calculation For Detection Technology Oyj (HEL:DETEC) Suggests It's 28% Undervalued
Nov 10Is Detection Technology Oyj (HEL:DETEC) Worth €19.5 Based On Its Intrinsic Value?
Mar 04When Should You Buy Detection Technology Oyj (HEL:DETEC)?
Nov 29Returns On Capital At Detection Technology Oyj (HEL:DETEC) Paint A Concerning Picture
Nov 11What Does Detection Technology Oyj's (HEL:DETEC) Share Price Indicate?
Aug 23An Intrinsic Calculation For Detection Technology Oyj (HEL:DETEC) Suggests It's 29% Undervalued
Jun 23Should You Think About Buying Detection Technology Oyj (HEL:DETEC) Now?
Mar 23Detection Technology Oyj (HEL:DETEC) Will Pay A Larger Dividend Than Last Year At €0.35
Mar 04Detection Technology Oyj (HEL:DETEC) May Have Issues Allocating Its Capital
Sep 14Detection Technology Oyj Just Missed Earnings - But Analysts Have Updated Their Models
Aug 05Detection Technology Oyj (HEL:DETEC) Has More To Do To Multiply In Value Going Forward
Jun 04Here's Why Detection Technology Oyj (HEL:DETEC) Can Manage Its Debt Responsibly
May 04At €27.50, Is Detection Technology Oyj (HEL:DETEC) Worth Looking At Closely?
Apr 19What Type Of Shareholders Make Up Detection Technology Oyj's (HEL:DETEC) Share Registry?
Dec 20Is Detection Technology Oyj's(HEL:DETEC) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 08
Shareholders of Detection Technology Oyj (HEL:DETEC) Must Be Delighted With Their 388% Total Return
Nov 25Financial Position Analysis
Short Term Liabilities: DETEC's short term assets (€77.8M) exceed its short term liabilities (€17.3M).
Long Term Liabilities: DETEC's short term assets (€77.8M) exceed its long term liabilities (€4.2M).
Debt to Equity History and Analysis
Debt Level: DETEC has more cash than its total debt.
Reducing Debt: DETEC's debt to equity ratio has increased from 7.9% to 8.8% over the past 5 years.
Debt Coverage: DETEC's debt is well covered by operating cash flow (150.3%).
Interest Coverage: DETEC earns more interest than it pays, so coverage of interest payments is not a concern.