Digital Bros Balance Sheet Health
Financial Health criteria checks 3/6
Digital Bros has a total shareholder equity of €129.5M and total debt of €49.3M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are €244.6M and €115.1M respectively. Digital Bros's EBIT is €9.7M making its interest coverage ratio 1. It has cash and short-term investments of €4.4M.
Key information
38.1%
Debt to equity ratio
€49.28m
Debt
Interest coverage ratio | 1x |
Cash | €4.37m |
Equity | €129.49m |
Total liabilities | €115.14m |
Total assets | €244.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N8R's short term assets (€36.1M) do not cover its short term liabilities (€106.2M).
Long Term Liabilities: 0N8R's short term assets (€36.1M) exceed its long term liabilities (€8.9M).
Debt to Equity History and Analysis
Debt Level: 0N8R's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 0N8R's debt to equity ratio has increased from 28.2% to 38.1% over the past 5 years.
Debt Coverage: 0N8R's debt is well covered by operating cash flow (47.7%).
Interest Coverage: 0N8R's interest payments on its debt are not well covered by EBIT (1x coverage).