Defence Tech Holding Balance Sheet Health
Financial Health criteria checks 4/6
Defence Tech Holding has a total shareholder equity of €41.1M and total debt of €19.4M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are €69.2M and €28.1M respectively. Defence Tech Holding's EBIT is €5.9M making its interest coverage ratio 6.1. It has cash and short-term investments of €19.5M.
Key information
47.3%
Debt to equity ratio
€19.43m
Debt
Interest coverage ratio | 6.1x |
Cash | €19.51m |
Equity | €41.11m |
Total liabilities | €28.07m |
Total assets | €69.19m |
Recent financial health updates
No updates
Recent updates
Defence Tech Holding's (BIT:DTH) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 16The Return Trends At Defence Tech Holding (BIT:DTH) Look Promising
Nov 24Calculating The Fair Value Of Defence Tech Holding S.p.A. (BIT:DTH)
Jun 14We Think That There Are Issues Underlying Defence Tech Holding's (BIT:DTH) Earnings
Apr 22Financial Position Analysis
Short Term Liabilities: DTH's short term assets (€43.7M) exceed its short term liabilities (€21.1M).
Long Term Liabilities: DTH's short term assets (€43.7M) exceed its long term liabilities (€7.0M).
Debt to Equity History and Analysis
Debt Level: DTH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DTH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DTH's debt is not well covered by operating cash flow (17%).
Interest Coverage: DTH's interest payments on its debt are well covered by EBIT (6.1x coverage).