DDH1 Balance Sheet Health

Financial Health criteria checks 6/6

DDH1 has a total shareholder equity of A$341.0M and total debt of A$30.0M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are A$484.8M and A$143.8M respectively. DDH1's EBIT is A$46.8M making its interest coverage ratio 21.9. It has cash and short-term investments of A$25.1M.

Key information

8.8%

Debt to equity ratio

AU$30.00m

Debt

Interest coverage ratio21.9x
CashAU$25.09m
EquityAU$341.00m
Total liabilitiesAU$143.80m
Total assetsAU$484.80m

Recent financial health updates

Recent updates

DDH1 (ASX:DDH) Is Reducing Its Dividend To A$0.0196

Sep 06
DDH1 (ASX:DDH) Is Reducing Its Dividend To A$0.0196

DDH1 (ASX:DDH) Is Increasing Its Dividend To A$0.0265

Sep 09
DDH1 (ASX:DDH) Is Increasing Its Dividend To A$0.0265

Robust Earnings May Not Tell The Whole Story For DDH1 (ASX:DDH)

Sep 02
Robust Earnings May Not Tell The Whole Story For DDH1 (ASX:DDH)

Financial Position Analysis

Short Term Liabilities: DDH's short term assets (A$176.3M) exceed its short term liabilities (A$76.5M).

Long Term Liabilities: DDH's short term assets (A$176.3M) exceed its long term liabilities (A$67.3M).


Debt to Equity History and Analysis

Debt Level: DDH's net debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: DDH's debt to equity ratio has reduced from 31.7% to 8.8% over the past 5 years.

Debt Coverage: DDH's debt is well covered by operating cash flow (410.3%).

Interest Coverage: DDH's interest payments on its debt are well covered by EBIT (21.9x coverage).


Balance Sheet


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