Netgem Balance Sheet Health
Financial Health criteria checks 6/6
Netgem has a total shareholder equity of €25.1M and total debt of €885.0K, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are €43.2M and €18.1M respectively. Netgem's EBIT is €331.0K making its interest coverage ratio 10. It has cash and short-term investments of €6.6M.
Key information
3.5%
Debt to equity ratio
€885.00k
Debt
Interest coverage ratio | 10x |
Cash | €6.60m |
Equity | €25.05m |
Total liabilities | €18.15m |
Total assets | €43.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N9W's short term assets (€19.2M) exceed its short term liabilities (€16.4M).
Long Term Liabilities: 0N9W's short term assets (€19.2M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: 0N9W has more cash than its total debt.
Reducing Debt: 0N9W's debt to equity ratio has reduced from 31.3% to 3.5% over the past 5 years.
Debt Coverage: 0N9W's debt is well covered by operating cash flow (655%).
Interest Coverage: 0N9W's interest payments on its debt are well covered by EBIT (10x coverage).