Damstra Holdings Limited

ASX:DTC Stock Report

Market Cap: AU$60.8m

Damstra Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Damstra Holdings has a total shareholder equity of A$42.7M and total debt of A$17.2M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are A$74.7M and A$32.0M respectively.

Key information

40.3%

Debt to equity ratio

AU$17.21m

Debt

Interest coverage ration/a
CashAU$5.97m
EquityAU$42.69m
Total liabilitiesAU$32.03m
Total assetsAU$74.71m

Recent financial health updates

Damstra Holdings (ASX:DTC) Has Debt But No Earnings; Should You Worry?

Jun 28
Damstra Holdings (ASX:DTC) Has Debt But No Earnings; Should You Worry?

Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

Nov 03
Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

May 19
Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

Recent updates

We Discuss Why Damstra Holdings Limited's (ASX:DTC) CEO Compensation May Be Closely Reviewed

Oct 18
We Discuss Why Damstra Holdings Limited's (ASX:DTC) CEO Compensation May Be Closely Reviewed

Revenues Working Against Damstra Holdings Limited's (ASX:DTC) Share Price

Aug 21
Revenues Working Against Damstra Holdings Limited's (ASX:DTC) Share Price

Damstra Holdings (ASX:DTC) Has Debt But No Earnings; Should You Worry?

Jun 28
Damstra Holdings (ASX:DTC) Has Debt But No Earnings; Should You Worry?

Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

Nov 03
Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

May 19
Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?

Is Damstra Holdings Limited (ASX:DTC) Trading At A 20% Discount?

May 26
Is Damstra Holdings Limited (ASX:DTC) Trading At A 20% Discount?

Analysts Expect Breakeven For Damstra Holdings Limited (ASX:DTC) Before Long

Apr 30
Analysts Expect Breakeven For Damstra Holdings Limited (ASX:DTC) Before Long

Update: Damstra Holdings (ASX:DTC) Stock Gained 19% In The Last Year

Feb 27
Update: Damstra Holdings (ASX:DTC) Stock Gained 19% In The Last Year

Need To Know: Damstra Holdings Limited (ASX:DTC) Insiders Have Been Selling Shares

Jan 31
Need To Know: Damstra Holdings Limited (ASX:DTC) Insiders Have Been Selling Shares

Analysts Are Optimistic We'll See A Profit From Damstra Holdings Limited (ASX:DTC)

Jan 05
Analysts Are Optimistic We'll See A Profit From Damstra Holdings Limited (ASX:DTC)

What Percentage Of Damstra Holdings Limited (ASX:DTC) Shares Do Insiders Own?

Dec 10
What Percentage Of Damstra Holdings Limited (ASX:DTC) Shares Do Insiders Own?

Financial Position Analysis

Short Term Liabilities: DTC's short term assets (A$11.1M) do not cover its short term liabilities (A$16.8M).

Long Term Liabilities: DTC's short term assets (A$11.1M) do not cover its long term liabilities (A$15.2M).

Debt to Equity History and Analysis

Debt Level: DTC's net debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: DTC's debt to equity ratio has reduced from 190.5% to 40.3% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable DTC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DTC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.2% per year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/01 12:10
End of Day Share Price 2024/04/29 00:00
Earnings2023/12/31
Annual Earnings2023/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

Analyst Sources

Damstra Holdings Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sean KiriwanMA Moelis Australia Securities Pty Ltd
James BalesMorgan Stanley
Jonathon HigginsShaw and Partners Limited