DigiTouch Balance Sheet Health
Financial Health criteria checks 5/6
DigiTouch has a total shareholder equity of €19.0M and total debt of €12.0M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are €51.5M and €32.5M respectively. DigiTouch's EBIT is €7.3M making its interest coverage ratio 25.6. It has cash and short-term investments of €6.2M.
Key information
63.2%
Debt to equity ratio
€12.02m
Debt
| Interest coverage ratio | 25.6x |
| Cash | €6.24m |
| Equity | €19.01m |
| Total liabilities | €32.47m |
| Total assets | €51.48m |
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 (€24.9M) exceed its short term liabilities (€19.6M).
Long Term Liabilities: DGT's short term assets (€24.9M) exceed its long term liabilities (€12.9M).
Debt to Equity History and Analysis
Debt Level: DGT's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: DGT's debt to equity ratio has increased from 53% to 63.2% over the past 5 years.
Debt Coverage: DGT's debt is well covered by operating cash flow (39%).
Interest Coverage: DGT's interest payments on its debt are well covered by EBIT (25.6x coverage).