Distribuzione Elettrica Adriatica Balance Sheet Health
Financial Health criteria checks 5/6
Distribuzione Elettrica Adriatica has a total shareholder equity of €70.4M and total debt of €12.8M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are €106.8M and €36.5M respectively. Distribuzione Elettrica Adriatica's EBIT is €7.6M making its interest coverage ratio 17.1. It has cash and short-term investments of €5.4M.
Key information
18.3%
Debt to equity ratio
€12.85m
Debt
| Interest coverage ratio | 17.1x |
| Cash | €5.44m |
| Equity | €70.39m |
| Total liabilities | €36.45m |
| Total assets | €106.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEA's short term assets (€20.8M) exceed its short term liabilities (€18.5M).
Long Term Liabilities: DEA's short term assets (€20.8M) exceed its long term liabilities (€17.9M).
Debt to Equity History and Analysis
Debt Level: DEA's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DEA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DEA's debt is well covered by operating cash flow (76.7%).
Interest Coverage: DEA's interest payments on its debt are well covered by EBIT (17.1x coverage).