Dynamic Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dynamic Group Holdings has a total shareholder equity of A$50.5M and total debt of A$26.6M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are A$93.0M and A$42.5M respectively. Dynamic Group Holdings's EBIT is A$5.6M making its interest coverage ratio 2.8. It has cash and short-term investments of A$10.3M.
Key information
52.7%
Debt to equity ratio
AU$26.61m
Debt
Interest coverage ratio | 2.8x |
Cash | AU$10.28m |
Equity | AU$50.53m |
Total liabilities | AU$42.49m |
Total assets | AU$93.02m |
Recent financial health updates
No updates
Recent updates
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$29.8M) exceed its short term liabilities (A$20.5M).
Long Term Liabilities: DDB's short term assets (A$29.8M) exceed its long term liabilities (A$22.0M).
Debt to Equity History and Analysis
Debt Level: DDB's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DDB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DDB's debt is well covered by operating cash flow (79.3%).
Interest Coverage: DDB's interest payments on its debt are not well covered by EBIT (2.8x coverage).