Dropsuite Balance Sheet Health
Financial Health criteria checks 6/6
Dropsuite has a total shareholder equity of A$27.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$31.2M and A$3.8M respectively. Dropsuite's EBIT is A$1.0M making its interest coverage ratio -1.5. It has cash and short-term investments of A$24.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -1.5x |
| Cash | AU$24.34m |
| Equity | AU$27.39m |
| Total liabilities | AU$3.77m |
| Total assets | AU$31.16m |
Recent financial health updates
Dropsuite (ASX:DSE) Is In A Strong Position To Grow Its Business
Dec 06
Companies Like Dropsuite (ASX:DSE) Can Afford To Invest In Growth
Mar 20Dropsuite (ASX:DSE) Is In A Good Position To Deliver On Growth Plans
Dec 12Recent updates
Dropsuite Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 02Does Dropsuite (ASX:DSE) Deserve A Spot On Your Watchlist?
Dec 18There's Been No Shortage Of Growth Recently For Dropsuite's (ASX:DSE) Returns On Capital
Jul 20Dropsuite Limited (ASX:DSE) Shares Could Be 35% Above Their Intrinsic Value Estimate
Apr 18Returns Are Gaining Momentum At Dropsuite (ASX:DSE)
Oct 06Returns At Dropsuite (ASX:DSE) Are On The Way Up
Jun 27Estimating The Fair Value Of Dropsuite Limited (ASX:DSE)
Mar 30Dropsuite (ASX:DSE) Is In A Strong Position To Grow Its Business
Dec 06Most Shareholders Will Probably Agree With Dropsuite Limited's (ASX:DSE) CEO Compensation
May 19When Will Dropsuite Limited (ASX:DSE) Become Profitable?
Apr 29Companies Like Dropsuite (ASX:DSE) Can Afford To Invest In Growth
Mar 20If You Had Bought Dropsuite (ASX:DSE) Stock A Year Ago, You Could Pocket A 283% Gain Today
Feb 03
Dropsuite (ASX:DSE) Is In A Good Position To Deliver On Growth Plans
Dec 12Financial Position Analysis
Short Term Liabilities: DSE's short term assets (A$30.8M) exceed its short term liabilities (A$3.7M).
Long Term Liabilities: DSE's short term assets (A$30.8M) exceed its long term liabilities (A$64.0K).
Debt to Equity History and Analysis
Debt Level: DSE is debt free.
Reducing Debt: DSE had no debt 5 years ago.
Debt Coverage: DSE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DSE has no debt, therefore coverage of interest payments is not a concern.