DEME Group Balance Sheet Health
Financial Health criteria checks 5/6
DEME Group has a total shareholder equity of €2.0B and total debt of €787.4M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are €4.8B and €2.8B respectively. DEME Group's EBIT is €235.9M making its interest coverage ratio 19.8. It has cash and short-term investments of €400.0M.
Key information
40.2%
Debt to equity ratio
€787.41m
Debt
Interest coverage ratio | 19.8x |
Cash | €400.02m |
Equity | €1.96b |
Total liabilities | €2.80b |
Total assets | €4.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEMEB's short term assets (€1.7B) do not cover its short term liabilities (€2.0B).
Long Term Liabilities: DEMEB's short term assets (€1.7B) exceed its long term liabilities (€835.7M).
Debt to Equity History and Analysis
Debt Level: DEMEB's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: DEMEB's debt to equity ratio has reduced from 57.7% to 40.2% over the past 5 years.
Debt Coverage: DEMEB's debt is well covered by operating cash flow (57.6%).
Interest Coverage: DEMEB's interest payments on its debt are well covered by EBIT (19.8x coverage).