Detection Technology Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Detection Technology Oyj has a total shareholder equity of €73.0M and total debt of €6.4M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are €94.5M and €21.5M respectively. Detection Technology Oyj's EBIT is €8.2M making its interest coverage ratio -944.8. It has cash and short-term investments of €19.1M.
Key information
8.8%
Debt to equity ratio
€6.44m
Debt
Interest coverage ratio | -944.8x |
Cash | €19.10m |
Equity | €72.99m |
Total liabilities | €21.53m |
Total assets | €94.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0CXE's short term assets (€77.8M) exceed its short term liabilities (€17.3M).
Long Term Liabilities: 0CXE's short term assets (€77.8M) exceed its long term liabilities (€4.2M).
Debt to Equity History and Analysis
Debt Level: 0CXE has more cash than its total debt.
Reducing Debt: 0CXE's debt to equity ratio has increased from 7.9% to 8.8% over the past 5 years.
Debt Coverage: 0CXE's debt is well covered by operating cash flow (150.3%).
Interest Coverage: 0CXE earns more interest than it pays, so coverage of interest payments is not a concern.