Duxton Water Balance Sheet Health
Financial Health criteria checks 2/6
Duxton Water has a total shareholder equity of A$200.5M and total debt of A$105.5M, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are A$310.1M and A$109.6M respectively. Duxton Water's EBIT is A$26.3M making its interest coverage ratio 4.4. It has cash and short-term investments of A$3.8M.
Key information
52.6%
Debt to equity ratio
AU$105.50m
Debt
| Interest coverage ratio | 4.4x |
| Cash | AU$3.80m |
| Equity | AU$200.51m |
| Total liabilities | AU$109.58m |
| Total assets | AU$310.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D2O's short term assets (A$4.1M) exceed its short term liabilities (A$4.1M).
Long Term Liabilities: D2O's short term assets (A$4.1M) do not cover its long term liabilities (A$105.5M).
Debt to Equity History and Analysis
Debt Level: D2O's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: D2O's debt to equity ratio has increased from 39.5% to 52.6% over the past 5 years.
Debt Coverage: D2O's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: D2O's interest payments on its debt are well covered by EBIT (4.4x coverage).