Distribuzione Elettrica Adriatica Balance Sheet Health
Financial Health criteria checks 4/6
Distribuzione Elettrica Adriatica has a total shareholder equity of €52.4M and total debt of €10.2M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are €79.3M and €26.8M respectively. Distribuzione Elettrica Adriatica's EBIT is €2.9M making its interest coverage ratio 6.5. It has cash and short-term investments of €3.8M.
Key information
19.5%
Debt to equity ratio
€10.22m
Debt
| Interest coverage ratio | 6.5x |
| Cash | €3.82m |
| Equity | €52.41m |
| Total liabilities | €26.84m |
| Total assets | €79.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEA's short term assets (€12.3M) do not cover its short term liabilities (€15.8M).
Long Term Liabilities: DEA's short term assets (€12.3M) exceed its long term liabilities (€11.1M).
Debt to Equity History and Analysis
Debt Level: DEA's net debt to equity ratio (12.2%) 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 (62.7%).
Interest Coverage: DEA's interest payments on its debt are well covered by EBIT (6.5x coverage).