Dynamic Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Dynamic Group Holdings has a total shareholder equity of A$39.3M and total debt of A$24.4M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are A$79.5M and A$40.3M respectively.
Key information
62.2%
Debt to equity ratio
AU$24.42m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.85m |
| Equity | AU$39.28m |
| Total liabilities | AU$40.26m |
| Total assets | AU$79.54m |
Recent financial health updates
Recent updates
Here's Why Dynamic Group Holdings (ASX:DDB) Can Manage Its Debt Responsibly
Jun 26
Dynamic Group Holdings Limited (ASX:DDB) Soars 31% But It's A Story Of Risk Vs Reward
Apr 20Dynamic Group Holdings Limited's (ASX:DDB) Low P/E No Reason For Excitement
Feb 23Unpleasant Surprises Could Be In Store For Dynamic Group Holdings Limited's (ASX:DDB) Shares
Sep 06Is Dynamic Drill and Blast Holdings Limited (ASX:DDB) A High Quality Stock To Own?
Mar 07Dynamic Drill and Blast Holdings' (ASX:DDB) Robust Earnings Are Not All Good News For Shareholders
Mar 07Financial Position Analysis
Short Term Liabilities: DDB's short term assets (A$28.3M) do not cover its short term liabilities (A$34.3M).
Long Term Liabilities: DDB's short term assets (A$28.3M) exceed its long term liabilities (A$6.0M).
Debt to Equity History and Analysis
Debt Level: DDB's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: DDB's debt to equity ratio has reduced from 320.8% to 62.2% over the past 5 years.
Debt Coverage: DDB's debt is well covered by operating cash flow (26.3%).
Interest Coverage: Insufficient data to determine if DDB's interest payments on its debt are well covered by EBIT.