Digital360 Balance Sheet Health
Financial Health criteria checks 3/6
Digital360 has a total shareholder equity of €27.9M and total debt of €31.5M, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are €107.7M and €79.8M respectively. Digital360's EBIT is €4.7M making its interest coverage ratio 4.3. It has cash and short-term investments of €13.7M.
Key information
112.8%
Debt to equity ratio
€31.53m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €13.74m |
| Equity | €27.95m |
| Total liabilities | €79.77m |
| Total assets | €107.72m |
Recent financial health updates
Digital360 (BIT:DIG) Seems To Use Debt Rather Sparingly
Oct 04
Digital360 (BIT:DIG) Could Easily Take On More Debt
Apr 30Is Digital360 (BIT:DIG) A Risky Investment?
Dec 02
Recent updates
Industry Analysts Just Upgraded Their Digital360 S.p.A. (BIT:DIG) Revenue Forecasts By 12%
Jul 15If You Like EPS Growth Then Check Out Digital360 (BIT:DIG) Before It's Too Late
Feb 25Do Digital360's (BIT:DIG) Earnings Warrant Your Attention?
Nov 02Digital360 (BIT:DIG) Seems To Use Debt Rather Sparingly
Oct 04Estimating The Intrinsic Value Of Digital360 S.p.A. (BIT:DIG)
Sep 18Here's What To Make Of Digital360's (BIT:DIG) Decelerating Rates Of Return
May 26Digital360 (BIT:DIG) Could Easily Take On More Debt
Apr 30Statutory Profit Doesn't Reflect How Good Digital360's (BIT:DIG) Earnings Are
Mar 29The Trends At Digital360 (BIT:DIG) That You Should Know About
Feb 17Are Investors Undervaluing Digital360 S.p.A. (BIT:DIG) By 50%?
Jan 13Is Digital360 (BIT:DIG) A Risky Investment?
Dec 02Financial Position Analysis
Short Term Liabilities: DIG's short term assets (€63.7M) exceed its short term liabilities (€48.1M).
Long Term Liabilities: DIG's short term assets (€63.7M) exceed its long term liabilities (€31.7M).
Debt to Equity History and Analysis
Debt Level: DIG's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: DIG's debt to equity ratio has increased from 68.7% to 112.8% over the past 5 years.
Debt Coverage: DIG's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: DIG's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/26 23:01 |
| End of Day Share Price | 2023/10/24 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Digital360 S.p.A. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luca Arena | CFO SIM S.p.A. |
| Kevin Tempestini | KT & Partners Srl |
| Giancarlo Di Vona | KT & Partners Srl |