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 ratio | 21.9x |
| Cash | AU$25.09m |
| Equity | AU$341.00m |
| Total liabilities | AU$143.80m |
| Total assets | AU$484.80m |
Recent financial health updates
Recent updates
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).