Digia Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Digia Oyj has a total shareholder equity of €66.4M and total debt of €26.5M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are €154.6M and €88.2M respectively. Digia Oyj's EBIT is €13.6M making its interest coverage ratio -64.5. It has cash and short-term investments of €17.8M.
Key information
39.9%
Debt to equity ratio
€26.50m
Debt
| Interest coverage ratio | -64.5x |
| Cash | €17.83m |
| Equity | €66.35m |
| Total liabilities | €88.24m |
| Total assets | €154.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IKK's short term assets (€54.6M) do not cover its short term liabilities (€56.2M).
Long Term Liabilities: 0IKK's short term assets (€54.6M) exceed its long term liabilities (€32.1M).
Debt to Equity History and Analysis
Debt Level: 0IKK's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: 0IKK's debt to equity ratio has increased from 33.3% to 39.9% over the past 5 years.
Debt Coverage: 0IKK's debt is well covered by operating cash flow (57.5%).
Interest Coverage: 0IKK earns more interest than it pays, so coverage of interest payments is not a concern.