Develop Global Balance Sheet Health
Financial Health criteria checks 3/6
Develop Global has a total shareholder equity of A$639.3M and total debt of A$129.8M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are A$908.5M and A$269.2M respectively.
Key information
20.31%
Debt to equity ratio
AU$129.83m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$180.39m |
| Equity | AU$639.31m |
| Total liabilities | AU$269.24m |
| Total assets | AU$908.55m |
Recent financial health updates
Recent updates
Woodlawn Ramp Up And New Lithium Stream Will Support A Stronger Long Term Profile
Catalysts About Develop Global Develop Global is a resources group that owns base metals and lithium projects alongside an underground mining services business. What are the underlying business or industry changes driving this perspective?Investors Don't See Light At End Of Develop Global Limited's (ASX:DVP) Tunnel And Push Stock Down 27%
Develop Global Limited ( ASX:DVP ) shareholders won't be pleased to see that the share price has had a very rough...There's No Escaping Develop Global Limited's (ASX:DVP) Muted Revenues Despite A 27% Share Price Rise
Develop Global Limited ( ASX:DVP ) shares have continued their recent momentum with a 27% gain in the last month alone...There's No Escaping Develop Global Limited's (ASX:DVP) Muted Revenues Despite A 33% Share Price Rise
Develop Global Limited ( ASX:DVP ) shareholders have had their patience rewarded with a 33% share price jump in the...Revenues Working Against Develop Global Limited's (ASX:DVP) Share Price
Develop Global Limited's ( ASX:DVP ) price-to-sales (or "P/S") ratio of 9.3x might make it look like a strong buy right...Companies Like Develop Global (ASX:DVP) Are In A Position To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although...Venturex Resources Limited (ASX:VXR): When Will It Breakeven?
Venturex Resources Limited ( ASX:VXR ) is possibly approaching a major achievement in its business, so we would like to...Financial Position Analysis
Short Term Liabilities: DVP's short term assets (A$235.4M) exceed its short term liabilities (A$128.1M).
Long Term Liabilities: DVP's short term assets (A$235.4M) exceed its long term liabilities (A$141.2M).
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 4.7% to 20.3% over the past 5 years.
Debt Coverage: DVP's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: Insufficient data to determine if DVP's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/24 22:32 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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.
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 Github.
Analyst Sources
Develop Global Limited is covered by 3 analysts. 2 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 |
|---|---|
| Joseph House | Bell Potter |
| Tim McCormack | Canaccord Genuity |
| null null | Independent Investment Research (Aust.) Pty Ltd |