Duratec Balance Sheet Health
Financial Health criteria checks 5/6
Duratec has a total shareholder equity of A$52.2M and total debt of A$14.2M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are A$208.3M and A$156.1M respectively. Duratec's EBIT is A$31.3M making its interest coverage ratio -1739.5. It has cash and short-term investments of A$58.5M.
Key information
27.2%
Debt to equity ratio
AU$14.22m
Debt
| Interest coverage ratio | -1739.5x |
| Cash | AU$58.54m |
| Equity | AU$52.21m |
| Total liabilities | AU$156.14m |
| Total assets | AU$208.35m |
Recent financial health updates
Recent updates
Duratec (ASX:DUR) Could Easily Take On More Debt
Apr 23
Here's Why We Think Duratec (ASX:DUR) Is Well Worth Watching
Apr 02Duratec Limited's (ASX:DUR) P/E Is Still On The Mark Following 25% Share Price Bounce
Dec 22Here's Why We Think Duratec (ASX:DUR) Is Well Worth Watching
Dec 06Duratec (ASX:DUR) Has Announced That It Will Be Increasing Its Dividend To A$0.03
Aug 28Is Duratec Limited's (ASX:DUR) Shareholder Ownership Skewed Towards Insiders?
Feb 12Financial Position Analysis
Short Term Liabilities: DUR's short term assets (A$142.3M) exceed its short term liabilities (A$132.2M).
Long Term Liabilities: DUR's short term assets (A$142.3M) exceed its long term liabilities (A$23.9M).
Debt to Equity History and Analysis
Debt Level: DUR has more cash than its total debt.
Reducing Debt: DUR's debt to equity ratio has increased from 2.5% to 27.2% over the past 5 years.
Debt Coverage: DUR's debt is well covered by operating cash flow (152.1%).
Interest Coverage: DUR earns more interest than it pays, so coverage of interest payments is not a concern.