Directa Plus Balance Sheet Health
Financial Health criteria checks 3/6
Directa Plus has a total shareholder equity of €5.5M and total debt of €2.9M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are €12.2M and €6.7M respectively.
Key information
52.9%
Debt to equity ratio
€2.91m
Debt
| Interest coverage ratio | n/a |
| Cash | €927.42k |
| Equity | €5.50m |
| Total liabilities | €6.71m |
| Total assets | €12.21m |
Recent financial health updates
Is Directa Plus (LON:DCTA) Weighed On By Its Debt Load?
Oct 14
Is Directa Plus (LON:DCTA) Using Debt Sensibly?
Dec 10Is Directa Plus (LON:DCTA) Using Too Much Debt?
May 19Recent updates
Investors Give Directa Plus Plc (LON:DCTA) Shares A 39% Hiding
Sep 26A Piece Of The Puzzle Missing From Directa Plus Plc's (LON:DCTA) Share Price
Jun 28Take Care Before Jumping Onto Directa Plus Plc (LON:DCTA) Even Though It's 33% Cheaper
Feb 09Why We're Not Concerned Yet About Directa Plus Plc's (LON:DCTA) 27% Share Price Plunge
Dec 19Is Directa Plus (LON:DCTA) Weighed On By Its Debt Load?
Oct 14With Directa Plus Plc (LON:DCTA) It Looks Like You'll Get What You Pay For
Aug 22Is Directa Plus (LON:DCTA) Using Debt Sensibly?
Dec 10Directa Plus Plc (LON:DCTA) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 10Is Directa Plus (LON:DCTA) Using Too Much Debt?
May 19Can You Imagine How Jubilant Directa Plus' (LON:DCTA) Shareholders Feel About Its 159% Share Price Gain?
Mar 05Financial Position Analysis
Short Term Liabilities: DCTA's short term assets (€7.7M) exceed its short term liabilities (€5.1M).
Long Term Liabilities: DCTA's short term assets (€7.7M) exceed its long term liabilities (€1.6M).
Debt to Equity History and Analysis
Debt Level: DCTA's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: DCTA's debt to equity ratio has increased from 1.4% to 52.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DCTA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DCTA has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.6% each year.