Develop Global Balance Sheet Health
Financial Health criteria checks 5/6
Develop Global has a total shareholder equity of A$344.6M and total debt of A$9.1M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are A$456.8M and A$112.1M respectively.
Key information
2.6%
Debt to equity ratio
AU$9.10m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$32.66m |
| Equity | AU$344.61m |
| Total liabilities | AU$112.14m |
| Total assets | AU$456.75m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DVP's short term assets (A$68.5M) exceed its short term liabilities (A$52.8M).
Long Term Liabilities: DVP's short term assets (A$68.5M) exceed its long term liabilities (A$59.3M).
Debt to Equity History and Analysis
Debt Level: DVP has more cash than its total debt.
Reducing Debt: DVP's debt to equity ratio has reduced from 4.5% to 2.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DVP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DVP has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 41.8% each year.