DigiTouch Balance Sheet Health
Financial Health criteria checks 4/6
DigiTouch has a total shareholder equity of €18.7M and total debt of €13.6M, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are €51.0M and €32.4M respectively. DigiTouch's EBIT is €3.7M making its interest coverage ratio 4.2. It has cash and short-term investments of €4.8M.
Key information
72.8%
Debt to equity ratio
€13.59m
Debt
| Interest coverage ratio | 4.2x |
| Cash | €4.77m |
| Equity | €18.65m |
| Total liabilities | €32.37m |
| Total assets | €51.02m |
Recent financial health updates
We Think DigiTouch (BIT:DGT) Can Stay On Top Of Its Debt
Dec 09
DigiTouch (BIT:DGT) Seems To Use Debt Rather Sparingly
May 06DigiTouch (BIT:DGT) Seems To Use Debt Quite Sensibly
Nov 02Here's Why DigiTouch (BIT:DGT) Has A Meaningful Debt Burden
Apr 11Recent updates
Returns On Capital Are Showing Encouraging Signs At DigiTouch (BIT:DGT)
Jan 04Here's Why We Think DigiTouch (BIT:DGT) Might Deserve Your Attention Today
Sep 23We Think DigiTouch (BIT:DGT) Can Stay On Top Of Its Debt
Dec 09DigiTouch (BIT:DGT) Seems To Use Debt Rather Sparingly
May 06DigiTouch (BIT:DGT) Seems To Use Debt Quite Sensibly
Nov 02Here's Why DigiTouch (BIT:DGT) Has A Meaningful Debt Burden
Apr 11DigiTouch S.p.A.'s (BIT:DGT) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Dec 20
Financial Position Analysis
Short Term Liabilities: DGT's short term assets (€25.4M) exceed its short term liabilities (€20.9M).
Long Term Liabilities: DGT's short term assets (€25.4M) exceed its long term liabilities (€11.4M).
Debt to Equity History and Analysis
Debt Level: DGT's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: DGT's debt to equity ratio has reduced from 74.3% to 72.8% over the past 5 years.
Debt Coverage: DGT's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: DGT's interest payments on its debt are well covered by EBIT (4.2x coverage).