DG-Net Balance Sheet Health
Financial Health criteria checks 2/6
DG-Net has a total shareholder equity of PLN1.8M and total debt of PLN2.7M, which brings its debt-to-equity ratio to 151.8%. Its total assets and total liabilities are PLN8.8M and PLN7.0M respectively. DG-Net's EBIT is PLN360.2K making its interest coverage ratio 4.6. It has cash and short-term investments of PLN269.0K.
Key information
151.8%
Debt to equity ratio
zł2.70m
Debt
| Interest coverage ratio | 4.6x |
| Cash | zł269.03k |
| Equity | zł1.78m |
| Total liabilities | zł7.00m |
| Total assets | zł8.78m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DGN's short term assets (PLN1.3M) do not cover its short term liabilities (PLN4.4M).
Long Term Liabilities: DGN's short term assets (PLN1.3M) do not cover its long term liabilities (PLN2.6M).
Debt to Equity History and Analysis
Debt Level: DGN's net debt to equity ratio (136.7%) is considered high.
Reducing Debt: Insufficient data to determine if DGN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DGN's debt is well covered by operating cash flow (106.3%).
Interest Coverage: DGN's interest payments on its debt are well covered by EBIT (4.6x coverage).