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).