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 ratio | n/a |
| Cash | AU$5.97m |
| Equity | AU$42.69m |
| Total liabilities | AU$32.03m |
| Total assets | AU$74.71m |
Recent financial health updates
Damstra Holdings (ASX:DTC) Has Debt But No Earnings; Should You Worry?
Jun 28
Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?
Nov 03Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?
May 19Recent updates
We Discuss Why Damstra Holdings Limited's (ASX:DTC) CEO Compensation May Be Closely Reviewed
Oct 18Revenues Working Against Damstra Holdings Limited's (ASX:DTC) Share Price
Aug 21Damstra Holdings (ASX:DTC) Has Debt But No Earnings; Should You Worry?
Jun 28Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?
Nov 03Does Damstra Holdings (ASX:DTC) Have A Healthy Balance Sheet?
May 19Is Damstra Holdings Limited (ASX:DTC) Trading At A 20% Discount?
May 26Analysts Expect Breakeven For Damstra Holdings Limited (ASX:DTC) Before Long
Apr 30Update: Damstra Holdings (ASX:DTC) Stock Gained 19% In The Last Year
Feb 27Need To Know: Damstra Holdings Limited (ASX:DTC) Insiders Have Been Selling Shares
Jan 31
Analysts Are Optimistic We'll See A Profit From Damstra Holdings Limited (ASX:DTC)
Jan 05What Percentage Of Damstra Holdings Limited (ASX:DTC) Shares Do Insiders Own?
Dec 10Financial 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.