Diverger Balance Sheet Health
Financial Health criteria checks 3/6
Diverger has a total shareholder equity of A$38.7M and total debt of A$2.8M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are A$62.8M and A$24.1M respectively. Diverger's EBIT is A$1.9M making its interest coverage ratio 2.5. It has cash and short-term investments of A$395.0K.
Key information
7.3%
Debt to equity ratio
AU$2.84m
Debt
| Interest coverage ratio | 2.5x |
| Cash | AU$395.00k |
| Equity | AU$38.71m |
| Total liabilities | AU$24.11m |
| Total assets | AU$62.83m |
Recent financial health updates
No updates
Recent updates
Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02
Feb 26
The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their Holding
Feb 23Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?
Jan 25
Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming Dividend
Dec 18Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?
Sep 01Financial Position Analysis
Short Term Liabilities: DVR's short term assets (A$4.9M) do not cover its short term liabilities (A$16.0M).
Long Term Liabilities: DVR's short term assets (A$4.9M) do not cover its long term liabilities (A$8.1M).
Debt to Equity History and Analysis
Debt Level: DVR's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: DVR's debt to equity ratio has reduced from 23.4% to 7.3% over the past 5 years.
Debt Coverage: DVR's debt is well covered by operating cash flow (198.7%).
Interest Coverage: DVR's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/04 22:32 |
| End of Day Share Price | 2024/02/29 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Diverger Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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