Decisive Dividend Corporation

TSXV:DE Stock Report

Market Cap: CA$136.2m

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 ratio3.4x
CashCA$4.21m
EquityCA$58.48m
Total liabilitiesCA$97.84m
Total assetsCA$156.32m

Recent financial health updates

No updates

Recent updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Decisive Dividend Corporation's (CVE:DE) CEO For Now

Jun 19
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Decisive Dividend Corporation's (CVE:DE) CEO For Now

Decisive Dividend (CVE:DE) Has Affirmed Its Dividend Of CA$0.045

Jun 18
Decisive Dividend (CVE:DE) Has Affirmed Its Dividend Of CA$0.045

Decisive Dividend (CVE:DE) Will Pay A Dividend Of CA$0.045

Apr 18
Decisive Dividend (CVE:DE) Will Pay A Dividend Of CA$0.045

Impressive Earnings May Not Tell The Whole Story For Decisive Dividend (CVE:DE)

Mar 28
Impressive Earnings May Not Tell The Whole Story For Decisive Dividend (CVE:DE)

Decisive Dividend (CVE:DE) Has Announced A Dividend Of CA$0.045

Mar 18
Decisive Dividend (CVE:DE) Has Announced A Dividend Of CA$0.045

With Decisive Dividend Corporation (CVE:DE) It Looks Like You'll Get What You Pay For

Feb 18
With Decisive Dividend Corporation (CVE:DE) It Looks Like You'll Get What You Pay For

Decisive Dividend's (CVE:DE) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 16
Decisive Dividend's (CVE:DE) Shareholders Will Receive A Bigger Dividend Than Last Year

Decisive Dividend (CVE:DE) Will Pay A Dividend Of CA$0.035

May 19
Decisive Dividend (CVE:DE) Will Pay A Dividend Of CA$0.035

Decisive Dividend (CVE:DE) Has Announced A Dividend Of CA$0.035

Apr 18
Decisive Dividend (CVE:DE) Has Announced A Dividend Of CA$0.035

Decisive Dividend (CVE:DE) Is Paying Out A Dividend Of CA$0.03

Feb 18
Decisive Dividend (CVE:DE) Is Paying Out A Dividend Of CA$0.03

Decisive Dividend's (CVE:DE) Dividend Will Be CA$0.03

Jan 16
Decisive Dividend's (CVE:DE) Dividend Will Be CA$0.03

Decisive Dividend (CVE:DE) Is Paying Out A Dividend Of CA$0.03

Sep 22
Decisive Dividend (CVE:DE) Is Paying Out A Dividend Of CA$0.03

Decisive Dividend (CVE:DE) Is Due To Pay A Dividend Of CA$0.03

Aug 23
Decisive Dividend (CVE:DE) Is Due To Pay A Dividend Of CA$0.03

Financial 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).


Balance Sheet


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