Decisive Dividend Balance Sheet Health
Financial Health criteria checks 3/6
Decisive Dividend has a total shareholder equity of CA$58.5M and total debt of CA$50.8M, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are CA$156.3M and CA$97.8M respectively. Decisive Dividend's EBIT is CA$14.5M making its interest coverage ratio 3.4. It has cash and short-term investments of CA$4.2M.
Key information
86.8%
Debt to equity ratio
CA$50.79m
Debt
| Interest coverage ratio | 3.4x |
| Cash | CA$4.21m |
| Equity | CA$58.48m |
| Total liabilities | CA$97.84m |
| Total assets | CA$156.32m |
Recent financial health updates
No updates
Recent updates
Decisive Dividend (CVE:DE) Is Due To Pay A Dividend Of CA$0.045
Jul 22
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Decisive Dividend Corporation's (CVE:DE) CEO For Now
Jun 19Decisive Dividend (CVE:DE) Has Affirmed Its Dividend Of CA$0.045
Jun 18Decisive Dividend (CVE:DE) Will Pay A Dividend Of CA$0.045
Apr 18Impressive Earnings May Not Tell The Whole Story For Decisive Dividend (CVE:DE)
Mar 28Decisive Dividend (CVE:DE) Has Announced A Dividend Of CA$0.045
Mar 18With Decisive Dividend Corporation (CVE:DE) It Looks Like You'll Get What You Pay For
Feb 18Decisive Dividend's (CVE:DE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 16Decisive Dividend (CVE:DE) Will Pay A Dividend Of CA$0.035
May 19Decisive Dividend (CVE:DE) Has Announced A Dividend Of CA$0.035
Apr 18Decisive Dividend (CVE:DE) Is Paying Out A Dividend Of CA$0.03
Feb 18Decisive Dividend's (CVE:DE) Dividend Will Be CA$0.03
Jan 16Decisive Dividend (CVE:DE) Is Paying Out A Dividend Of CA$0.03
Sep 22Financial Position Analysis
Short Term Liabilities: DE's short term assets (CA$53.1M) exceed its short term liabilities (CA$27.5M).
Long Term Liabilities: DE's short term assets (CA$53.1M) do not cover its long term liabilities (CA$70.3M).
Debt to Equity History and Analysis
Debt Level: DE's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: DE's debt to equity ratio has increased from 57.3% to 86.8% over the past 5 years.
Debt Coverage: DE's debt is well covered by operating cash flow (30.3%).
Interest Coverage: DE's interest payments on its debt are well covered by EBIT (3.4x coverage).