Digital Bros Balance Sheet Health
Financial Health criteria checks 3/6
Digital Bros has a total shareholder equity of €129.5M and total debt of €49.3M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are €244.6M and €115.1M respectively. Digital Bros's EBIT is €9.7M making its interest coverage ratio 1. It has cash and short-term investments of €4.4M.
Key information
38.1%
Debt to equity ratio
€49.28m
Debt
| Interest coverage ratio | 1x |
| Cash | €4.37m |
| Equity | €129.49m |
| Total liabilities | €115.14m |
| Total assets | €244.62m |
Recent financial health updates
Is Digital Bros (BIT:DIB) Using Too Much Debt?
Dec 20
Here's Why Digital Bros (BIT:DIB) Can Manage Its Debt Responsibly
Sep 20Digital Bros (BIT:DIB) Has A Pretty Healthy Balance Sheet
Mar 11Digital Bros (BIT:DIB) Seems To Use Debt Quite Sensibly
Jun 22These 4 Measures Indicate That Digital Bros (BIT:DIB) Is Using Debt Reasonably Well
Jan 08Does Digital Bros (BIT:DIB) Have A Healthy Balance Sheet?
Sep 13Recent updates
Is Digital Bros (BIT:DIB) Using Too Much Debt?
Dec 20Downgrade: Here's How Analysts See Digital Bros S.p.A. (BIT:DIB) Performing In The Near Term
Oct 04Here's Why Digital Bros (BIT:DIB) Can Manage Its Debt Responsibly
Sep 20Digital Bros (BIT:DIB) Has A Pretty Healthy Balance Sheet
Mar 11Earnings Beat: Digital Bros S.p.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Sep 26Digital Bros' (BIT:DIB) Returns On Capital Not Reflecting Well On The Business
Aug 05Digital Bros (BIT:DIB) Seems To Use Debt Quite Sensibly
Jun 22Why Digital Bros S.p.A. (BIT:DIB) Could Be Worth Watching
Mar 05Should You Be Adding Digital Bros (BIT:DIB) To Your Watchlist Today?
Feb 17These 4 Measures Indicate That Digital Bros (BIT:DIB) Is Using Debt Reasonably Well
Jan 08An Intrinsic Calculation For Digital Bros S.p.A. (BIT:DIB) Suggests It's 31% Undervalued
Nov 13At €41.70, Is It Time To Put Digital Bros S.p.A. (BIT:DIB) On Your Watch List?
Oct 18Does Digital Bros (BIT:DIB) Have A Healthy Balance Sheet?
Sep 13Here's Why We Think Digital Bros (BIT:DIB) Is Well Worth Watching
Jun 12Digital Bros (BIT:DIB) Is Very Good At Capital Allocation
May 16Is Digital Bros (BIT:DIB) A Risky Investment?
May 02Is It Too Late To Consider Buying Digital Bros S.p.A. (BIT:DIB)?
Apr 02How Much Of Digital Bros S.p.A. (BIT:DIB) Do Insiders Own?
Mar 18Here's Why I Think Digital Bros (BIT:DIB) Is An Interesting Stock
Mar 04Can You Imagine How Jubilant Digital Bros' (BIT:DIB) Shareholders Feel About Its 288% Share Price Gain?
Feb 17Is Digital Bros (BIT:DIB) Going To Multiply In Value?
Feb 02
Is Digital Bros (BIT:DIB) Using Too Much Debt?
Jan 18Do Its Financials Have Any Role To Play In Driving Digital Bros S.p.A.'s (BIT:DIB) Stock Up Recently?
Dec 31Is There Now An Opportunity In Digital Bros S.p.A. (BIT:DIB)?
Dec 14Here's Why I Think Digital Bros (BIT:DIB) Might Deserve Your Attention Today
Nov 25Financial Position Analysis
Short Term Liabilities: DIB's short term assets (€36.1M) do not cover its short term liabilities (€106.2M).
Long Term Liabilities: DIB's short term assets (€36.1M) exceed its long term liabilities (€8.9M).
Debt to Equity History and Analysis
Debt Level: DIB's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: DIB's debt to equity ratio has increased from 28.2% to 38.1% over the past 5 years.
Debt Coverage: DIB's debt is well covered by operating cash flow (47.7%).
Interest Coverage: DIB's interest payments on its debt are not well covered by EBIT (1x coverage).