Deceuninck Balance Sheet Health
Financial Health criteria checks 6/6
Deceuninck has a total shareholder equity of €319.6M and total debt of €130.5M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are €709.6M and €390.0M respectively. Deceuninck's EBIT is €60.3M making its interest coverage ratio 11.9. It has cash and short-term investments of €58.9M.
Key information
40.8%
Debt to equity ratio
€130.50m
Debt
| Interest coverage ratio | 11.9x |
| Cash | €58.95m |
| Equity | €319.62m |
| Total liabilities | €389.98m |
| Total assets | €709.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DECBB's short term assets (€384.9M) exceed its short term liabilities (€230.4M).
Long Term Liabilities: DECBB's short term assets (€384.9M) exceed its long term liabilities (€159.6M).
Debt to Equity History and Analysis
Debt Level: DECBB's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: DECBB's debt to equity ratio has reduced from 62.2% to 40.8% over the past 5 years.
Debt Coverage: DECBB's debt is well covered by operating cash flow (61.4%).
Interest Coverage: DECBB's interest payments on its debt are well covered by EBIT (11.9x coverage).