Dovre Group Balance Sheet Health
Financial Health criteria checks 5/6
Dovre Group has a total shareholder equity of €34.3M and total debt of €6.6M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are €82.5M and €48.2M respectively. Dovre Group's EBIT is €8.1M making its interest coverage ratio 7.8. It has cash and short-term investments of €11.2M.
Key information
19.2%
Debt to equity ratio
€6.58m
Debt
Interest coverage ratio | 7.8x |
Cash | €11.23m |
Equity | €34.33m |
Total liabilities | €48.17m |
Total assets | €82.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JCD's short term assets (€54.9M) exceed its short term liabilities (€43.4M).
Long Term Liabilities: 0JCD's short term assets (€54.9M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: 0JCD has more cash than its total debt.
Reducing Debt: 0JCD's debt to equity ratio has increased from 13.4% to 19.2% over the past 5 years.
Debt Coverage: 0JCD's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 0JCD's interest payments on its debt are well covered by EBIT (7.8x coverage).