DF Deutsche Forfait Balance Sheet Health
Financial Health criteria checks 6/6
DF Deutsche Forfait has a total shareholder equity of €30.3M and total debt of €15.0M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are €51.6M and €21.2M respectively. DF Deutsche Forfait's EBIT is €3.9M making its interest coverage ratio 6.6. It has cash and short-term investments of €44.2M.
Key information
49.5%
Debt to equity ratio
€15.00m
Debt
| Interest coverage ratio | 6.6x |
| Cash | €44.23m |
| Equity | €30.33m |
| Total liabilities | €21.24m |
| Total assets | €51.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RHB's short term assets (€46.8M) exceed its short term liabilities (€5.3M).
Long Term Liabilities: 0RHB's short term assets (€46.8M) exceed its long term liabilities (€16.0M).
Debt to Equity History and Analysis
Debt Level: 0RHB has more cash than its total debt.
Reducing Debt: 0RHB's debt to equity ratio has reduced from 286.7% to 49.5% over the past 5 years.
Debt Coverage: 0RHB's debt is well covered by operating cash flow (232.3%).
Interest Coverage: 0RHB's interest payments on its debt are well covered by EBIT (6.6x coverage).