Digital Bros Balance Sheet Health
Financial Health criteria checks 3/6
Digital Bros has a total shareholder equity of €135.9M and total debt of €56.5M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are €249.3M and €113.4M respectively. Digital Bros's EBIT is €20.2M making its interest coverage ratio 2.3. It has cash and short-term investments of €4.6M.
Key information
41.6%
Debt to equity ratio
€56.53m
Debt
Interest coverage ratio | 2.3x |
Cash | €4.64m |
Equity | €135.86m |
Total liabilities | €113.45m |
Total assets | €249.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIBM's short term assets (€34.9M) do not cover its short term liabilities (€102.7M).
Long Term Liabilities: DIBM's short term assets (€34.9M) exceed its long term liabilities (€10.8M).
Debt to Equity History and Analysis
Debt Level: DIBM's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: DIBM's debt to equity ratio has increased from 15.9% to 41.6% over the past 5 years.
Debt Coverage: DIBM's debt is well covered by operating cash flow (78.8%).
Interest Coverage: DIBM's interest payments on its debt are not well covered by EBIT (2.3x coverage).