DEAG Deutsche Entertainment Balance Sheet Health
Financial Health criteria checks 3/6
DEAG Deutsche Entertainment has a total shareholder equity of €36.3M and total debt of €55.5M, which brings its debt-to-equity ratio to 153%. Its total assets and total liabilities are €263.0M and €226.7M respectively. DEAG Deutsche Entertainment's EBIT is €3.3M making its interest coverage ratio 0.7. It has cash and short-term investments of €70.2M.
Key information
153.0%
Debt to equity ratio
€55.55m
Debt
Interest coverage ratio | 0.7x |
Cash | €70.18m |
Equity | €36.30m |
Total liabilities | €226.69m |
Total assets | €262.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LAC's short term assets (€122.6M) do not cover its short term liabilities (€181.8M).
Long Term Liabilities: 0LAC's short term assets (€122.6M) exceed its long term liabilities (€44.8M).
Debt to Equity History and Analysis
Debt Level: 0LAC has more cash than its total debt.
Reducing Debt: 0LAC's debt to equity ratio has reduced from 197.9% to 153% over the past 5 years.
Debt Coverage: 0LAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0LAC's interest payments on its debt are not well covered by EBIT (0.7x coverage).