Desane Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Desane Group Holdings has a total shareholder equity of A$66.9M and total debt of A$13.9M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are A$104.9M and A$38.0M respectively.
Key information
20.8%
Debt to equity ratio
AU$13.90m
Debt
Interest coverage ratio | n/a |
Cash | AU$3.09m |
Equity | AU$66.93m |
Total liabilities | AU$37.97m |
Total assets | AU$104.90m |
Recent financial health updates
Recent updates
Does Desane Group Holdings (ASX:DGH) Have A Healthy Balance Sheet?
Nov 10There Could Be A Chance Desane Group Holdings Limited's (ASX:DGH) CEO Will Have Their Compensation Increased
Oct 22We're Not Counting On Desane Group Holdings (ASX:DGH) To Sustain Its Statutory Profitability
Feb 11Have Insiders Been Buying Desane Group Holdings Limited (ASX:DGH) Shares This Year?
Dec 21Financial Position Analysis
Short Term Liabilities: DGH's short term assets (A$14.3M) do not cover its short term liabilities (A$17.3M).
Long Term Liabilities: DGH's short term assets (A$14.3M) do not cover its long term liabilities (A$20.7M).
Debt to Equity History and Analysis
Debt Level: DGH's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: DGH's debt to equity ratio has increased from 9.8% to 20.8% over the past 5 years.
Debt Coverage: DGH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DGH's interest payments on its debt are well covered by EBIT.