doValue Balance Sheet Health
Financial Health criteria checks 3/6
doValue has a total shareholder equity of €104.0M and total debt of €587.6M, which brings its debt-to-equity ratio to 565.2%. Its total assets and total liabilities are €1.0B and €922.3M respectively. doValue's EBIT is €155.7M making its interest coverage ratio 5.4. It has cash and short-term investments of €112.4M.
Key information
565.2%
Debt to equity ratio
€587.63m
Debt
Interest coverage ratio | 5.4x |
Cash | €112.38m |
Equity | €103.98m |
Total liabilities | €922.26m |
Total assets | €1.03b |
Recent financial health updates
No updates
Recent updates
doValue S.p.A. (BIT:DOV) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 18Market Cool On doValue S.p.A.'s (BIT:DOV) Revenues Pushing Shares 26% Lower
Jan 16doValue (BIT:DOV) Is Paying Out A Larger Dividend Than Last Year
Apr 13doValue (BIT:DOV) Is Increasing Its Dividend To €0.60
Mar 30Could doValue S.p.A. (BIT:DOV) Have The Makings Of Another Dividend Aristocrat?
May 07Earnings Update: doValue S.p.A. (BIT:DOV) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Apr 01Could The doValue S.p.A. (BIT:DOV) Ownership Structure Tell Us Something Useful?
Mar 15doValue (BIT:DOV) Share Prices Have Dropped 11% In The Last Three Years
Feb 15Here's What You Should Know About doValue S.p.A.'s (BIT:DOV) 4.8% Dividend Yield
Dec 21Financial Position Analysis
Short Term Liabilities: DOV's short term assets (€411.6M) exceed its short term liabilities (€148.7M).
Long Term Liabilities: DOV's short term assets (€411.6M) do not cover its long term liabilities (€773.6M).
Debt to Equity History and Analysis
Debt Level: DOV's net debt to equity ratio (457.1%) is considered high.
Reducing Debt: DOV's debt to equity ratio has increased from 0.1% to 565.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DOV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DOV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.6% per year.