Demetra Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Demetra Holdings has a total shareholder equity of €367.7M and total debt of €6.8M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are €378.9M and €11.2M respectively. Demetra Holdings's EBIT is €9.6M making its interest coverage ratio 19.5. It has cash and short-term investments of €6.3M.
Key information
1.9%
Debt to equity ratio
€6.82m
Debt
Interest coverage ratio | 19.5x |
Cash | €6.29m |
Equity | €367.72m |
Total liabilities | €11.18m |
Total assets | €378.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEM's short term assets (€39.9M) exceed its short term liabilities (€8.2M).
Long Term Liabilities: DEM's short term assets (€39.9M) exceed its long term liabilities (€3.0M).
Debt to Equity History and Analysis
Debt Level: DEM's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: DEM's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: DEM's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: DEM's interest payments on its debt are well covered by EBIT (19.5x coverage).