DUG Technology Balance Sheet Health
Financial Health criteria checks 6/6
DUG Technology has a total shareholder equity of $27.4M and total debt of $10.6M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are $67.5M and $40.1M respectively. DUG Technology's EBIT is $8.6M making its interest coverage ratio 7.2. It has cash and short-term investments of $11.7M.
Key information
38.8%
Debt to equity ratio
US$10.63m
Debt
| Interest coverage ratio | 7.2x |
| Cash | US$11.69m |
| Equity | US$27.36m |
| Total liabilities | US$40.09m |
| Total assets | US$67.45m |
Recent financial health updates
Recent updates
These 4 Measures Indicate That DUG Technology (ASX:DUG) Is Using Debt Reasonably Well
May 06
DUG Technology Ltd's (ASX:DUG) Popularity With Investors Is Under Threat From Overpricing
Jan 23There's Been No Shortage Of Growth Recently For DUG Technology's (ASX:DUG) Returns On Capital
Aug 29Calculating The Fair Value Of DUG Technology Ltd (ASX:DUG)
Jul 14Market Cool On DUG Technology Ltd's (ASX:DUG) Revenues
May 25Investors Will Want DUG Technology's (ASX:DUG) Growth In ROCE To Persist
Apr 27When Will DUG Technology Ltd (ASX:DUG) Become Profitable?
Apr 17Financial Position Analysis
Short Term Liabilities: DUG's short term assets ($29.7M) exceed its short term liabilities ($24.9M).
Long Term Liabilities: DUG's short term assets ($29.7M) exceed its long term liabilities ($15.1M).
Debt to Equity History and Analysis
Debt Level: DUG has more cash than its total debt.
Reducing Debt: DUG's debt to equity ratio has reduced from 155.5% to 38.8% over the past 5 years.
Debt Coverage: DUG's debt is well covered by operating cash flow (155.7%).
Interest Coverage: DUG's interest payments on its debt are well covered by EBIT (7.2x coverage).