Develop Global Balance Sheet Health
Financial Health criteria checks 5/6
Develop Global has a total shareholder equity of A$349.4M and total debt of A$18.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are A$471.2M and A$121.8M respectively.
Key information
5.1%
Debt to equity ratio
AU$17.97m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$41.50m |
| Equity | AU$349.44m |
| Total liabilities | AU$121.79m |
| Total assets | AU$471.23m |
Recent financial health updates
Recent updates
There's No Escaping Develop Global Limited's (ASX:DVP) Muted Revenues Despite A 33% Share Price Rise
Oct 17
Revenues Working Against Develop Global Limited's (ASX:DVP) Share Price
Jan 04Companies Like Develop Global (ASX:DVP) Are In A Position To Invest In Growth
May 07Venturex Resources Limited (ASX:VXR): When Will It Breakeven?
Mar 07Financial Position Analysis
Short Term Liabilities: DVP's short term assets (A$73.7M) exceed its short term liabilities (A$60.7M).
Long Term Liabilities: DVP's short term assets (A$73.7M) exceed its long term liabilities (A$61.1M).
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 increased from 0.2% to 5.1% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DVP is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.