Damartex Balance Sheet Health
Financial Health criteria checks 4/6
Damartex has a total shareholder equity of €99.8M and total debt of €118.3M, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are €468.1M and €368.4M respectively.
Key information
118.5%
Debt to equity ratio
€118.26m
Debt
| Interest coverage ratio | n/a |
| Cash | €31.78m |
| Equity | €99.76m |
| Total liabilities | €368.39m |
| Total assets | €468.15m |
Recent financial health updates
Is Damartex (EPA:ALDAR) Weighed On By Its Debt Load?
May 07
Damartex (EPA:ALDAR) Has A Pretty Healthy Balance Sheet
Dec 29Recent updates
Damartex (EPA:ALDAR) Just Reported, And Analysts Assigned A €7.00 Price Target
Sep 09Is Damartex (EPA:ALDAR) Weighed On By Its Debt Load?
May 07Returns On Capital At Damartex (EPA:ALDAR) Paint A Concerning Picture
Aug 03Should You Think About Buying Damartex (EPA:ALDAR) Now?
May 17Returns On Capital At Damartex (EPA:ALDAR) Paint A Concerning Picture
Apr 12Damartex (EPA:ALDAR) Has A Pretty Healthy Balance Sheet
Dec 29Damartex (EPA:ALDAR) Share Prices Have Dropped 68% In The Last Three Years
Jan 11Financial Position Analysis
Short Term Liabilities: ALDAR's short term assets (€202.4M) exceed its short term liabilities (€166.1M).
Long Term Liabilities: ALDAR's short term assets (€202.4M) exceed its long term liabilities (€202.3M).
Debt to Equity History and Analysis
Debt Level: ALDAR's net debt to equity ratio (86.7%) is considered high.
Reducing Debt: ALDAR's debt to equity ratio has increased from 34.6% to 118.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ALDAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALDAR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.7% per year.