Damaris Balance Sheet Health
Financial Health criteria checks 3/6
Damaris has a total shareholder equity of €800.5K and total debt of €492.1K, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are €1.9M and €1.1M respectively. Damaris's EBIT is €22.0K making its interest coverage ratio -8.6. It has cash and short-term investments of €168.7K.
Key information
61.5%
Debt to equity ratio
€492.13k
Debt
Interest coverage ratio | -8.6x |
Cash | €168.69k |
Equity | €800.53k |
Total liabilities | €1.11m |
Total assets | €1.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLDAM's short term assets (€721.0K) exceed its short term liabilities (€598.6K).
Long Term Liabilities: MLDAM's short term assets (€721.0K) exceed its long term liabilities (€506.5K).
Debt to Equity History and Analysis
Debt Level: MLDAM's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: Insufficient data to determine if MLDAM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if MLDAM's debt is well covered by operating cash flow.
Interest Coverage: MLDAM earns more interest than it pays, so coverage of interest payments is not a concern.