Decisive Dividend Balance Sheet Health
Financial Health criteria checks 3/6
Decisive Dividend has a total shareholder equity of CA$57.8M and total debt of CA$45.3M, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are CA$152.6M and CA$94.8M respectively. Decisive Dividend's EBIT is CA$16.5M making its interest coverage ratio 4.4. It has cash and short-term investments of CA$4.1M.
Key information
78.4%
Debt to equity ratio
CA$45.26m
Debt
Interest coverage ratio | 4.4x |
Cash | CA$4.05m |
Equity | CA$57.75m |
Total liabilities | CA$94.82m |
Total assets | CA$152.57m |
Recent financial health updates
No updates
Recent updates
Decisive 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 22Decisive Dividend (CVE:DE) Is Due To Pay A Dividend Of CA$0.03
Aug 23Decisive Dividend's (CVE:DE) Dividend Will Be CA$0.03
Jul 21Financial Position Analysis
Short Term Liabilities: DE's short term assets (CA$52.4M) exceed its short term liabilities (CA$30.8M).
Long Term Liabilities: DE's short term assets (CA$52.4M) do not cover its long term liabilities (CA$64.1M).
Debt to Equity History and Analysis
Debt Level: DE's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: DE's debt to equity ratio has increased from 56.7% to 78.4% over the past 5 years.
Debt Coverage: DE's debt is well covered by operating cash flow (34.9%).
Interest Coverage: DE's interest payments on its debt are well covered by EBIT (4.4x coverage).