Downer EDI Balance Sheet Health
Financial Health criteria checks 4/6
Downer EDI has a total shareholder equity of A$2.3B and total debt of A$1.2B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are A$6.6B and A$4.3B respectively. Downer EDI's EBIT is A$222.9M making its interest coverage ratio 2.3. It has cash and short-term investments of A$554.7M.
Key information
54.1%
Debt to equity ratio
AU$1.25b
Debt
| Interest coverage ratio | 2.3x |
| Cash | AU$554.70m |
| Equity | AU$2.30b |
| Total liabilities | AU$4.28b |
| Total assets | AU$6.58b |
Recent financial health updates
Is Downer EDI (ASX:DOW) A Risky Investment?
Sep 24
Downer EDI (ASX:DOW) Has A Somewhat Strained Balance Sheet
Mar 15Does Downer EDI (ASX:DOW) Have A Healthy Balance Sheet?
Nov 23Downer EDI (ASX:DOW) Has A Pretty Healthy Balance Sheet
Oct 26Does Downer EDI (ASX:DOW) Have A Healthy Balance Sheet?
Apr 12Recent updates
Are Investors Undervaluing Downer EDI Limited (ASX:DOW) By 46%?
Mar 15Downer EDI's (ASX:DOW) Dividend Will Be A$0.06
Feb 22Slowing Rates Of Return At Downer EDI (ASX:DOW) Leave Little Room For Excitement
Dec 12An Intrinsic Calculation For Downer EDI Limited (ASX:DOW) Suggests It's 31% Undervalued
Oct 12Is Downer EDI (ASX:DOW) A Risky Investment?
Sep 24Downer EDI (ASX:DOW) Has Some Way To Go To Become A Multi-Bagger
Sep 02Downer EDI's (ASX:DOW) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 12Is Now The Time To Look At Buying Downer EDI Limited (ASX:DOW)?
Jul 16An Intrinsic Calculation For Downer EDI Limited (ASX:DOW) Suggests It's 44% Undervalued
Jun 30Investors Could Be Concerned With Downer EDI's (ASX:DOW) Returns On Capital
May 09When Should You Buy Downer EDI Limited (ASX:DOW)?
Apr 06Downer EDI (ASX:DOW) Has A Somewhat Strained Balance Sheet
Mar 15These Return Metrics Don't Make Downer EDI (ASX:DOW) Look Too Strong
Feb 01Calculating The Intrinsic Value Of Downer EDI Limited (ASX:DOW)
Dec 21Is Now The Time To Look At Buying Downer EDI Limited (ASX:DOW)?
Dec 07Does Downer EDI (ASX:DOW) Have A Healthy Balance Sheet?
Nov 23Here's What's Concerning About Downer EDI's (ASX:DOW) Returns On Capital
Oct 24Estimating The Intrinsic Value Of Downer EDI Limited (ASX:DOW)
Sep 13We Think That There Are More Issues For Downer EDI (ASX:DOW) Than Just Sluggish Earnings
Aug 26Downer EDI (ASX:DOW) Will Pay A Dividend Of A$0.12
Aug 19Is There Now An Opportunity In Downer EDI Limited (ASX:DOW)?
Aug 18Returns On Capital At Downer EDI (ASX:DOW) Paint A Concerning Picture
May 16There Are Reasons To Feel Uneasy About Downer EDI's (ASX:DOW) Returns On Capital
Jan 18Is There Now An Opportunity In Downer EDI Limited (ASX:DOW)?
Dec 06We Think The Compensation For Downer EDI Limited's (ASX:DOW) CEO Looks About Right
Oct 28Downer EDI (ASX:DOW) Has A Pretty Healthy Balance Sheet
Oct 26An Intrinsic Calculation For Downer EDI Limited (ASX:DOW) Suggests It's 40% Undervalued
Sep 15Is There An Opportunity With Downer EDI Limited's (ASX:DOW) 44% Undervaluation?
Jun 16There Are Reasons To Feel Uneasy About Downer EDI's (ASX:DOW) Returns On Capital
May 26Does Downer EDI (ASX:DOW) Have A Healthy Balance Sheet?
Apr 12A Look At Downer EDI's (ASX:DOW) CEO Remuneration
Mar 01The Returns At Downer EDI (ASX:DOW) Provide Us With Signs Of What's To Come
Feb 12
Why Downer EDI Limited (ASX:DOW) Could Be Worth Watching
Jan 18Did You Participate In Any Of Downer EDI's (ASX:DOW) Respectable 98% Return?
Dec 20Financial Position Analysis
Short Term Liabilities: DOW's short term assets (A$2.8B) exceed its short term liabilities (A$2.5B).
Long Term Liabilities: DOW's short term assets (A$2.8B) exceed its long term liabilities (A$1.8B).
Debt to Equity History and Analysis
Debt Level: DOW's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: DOW's debt to equity ratio has increased from 47.2% to 54.1% over the past 5 years.
Debt Coverage: DOW's debt is well covered by operating cash flow (41.9%).
Interest Coverage: DOW's interest payments on its debt are not well covered by EBIT (2.3x coverage).