EDAG Engineering Group Balance Sheet Health
Financial Health criteria checks 5/6
EDAG Engineering Group has a total shareholder equity of €157.0M and total debt of €138.3M, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are €721.0M and €564.0M respectively. EDAG Engineering Group's EBIT is €29.6M making its interest coverage ratio 3.2. It has cash and short-term investments of €130.2M.
Key information
88.1%
Debt to equity ratio
€138.32m
Debt
| Interest coverage ratio | 3.2x |
| Cash | €130.22m |
| Equity | €156.99m |
| Total liabilities | €564.04m |
| Total assets | €721.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ED4D's short term assets (€352.0M) exceed its short term liabilities (€331.1M).
Long Term Liabilities: ED4D's short term assets (€352.0M) exceed its long term liabilities (€232.9M).
Debt to Equity History and Analysis
Debt Level: ED4D's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: ED4D's debt to equity ratio has increased from 71.3% to 88.1% over the past 5 years.
Debt Coverage: ED4D's debt is well covered by operating cash flow (26.8%).
Interest Coverage: ED4D's interest payments on its debt are well covered by EBIT (3.2x coverage).