Desane Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Desane Group Holdings has a total shareholder equity of A$66.4M and total debt of A$13.9M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are A$101.7M and A$35.3M respectively.
Key information
20.9%
Debt to equity ratio
AU$13.90m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.46m |
| Equity | AU$66.38m |
| Total liabilities | AU$35.27m |
| Total assets | AU$101.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGH's short term assets (A$4.3M) do not cover its short term liabilities (A$7.1M).
Long Term Liabilities: DGH's short term assets (A$4.3M) do not cover its long term liabilities (A$28.1M).
Debt to Equity History and Analysis
Debt Level: DGH's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: DGH's debt to equity ratio has increased from 10.1% to 20.9% over the past 5 years.
Debt Coverage: DGH's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: Insufficient data to determine if DGH's interest payments on its debt are well covered by EBIT.