ADF Group Balance Sheet Health
Financial Health criteria checks 6/6
ADF Group has a total shareholder equity of CA$154.0M and total debt of CA$45.7M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CA$311.2M and CA$157.2M respectively. ADF Group's EBIT is CA$41.3M making its interest coverage ratio 15.4. It has cash and short-term investments of CA$44.0M.
Key information
29.6%
Debt to equity ratio
CA$45.66m
Debt
Interest coverage ratio | 15.4x |
Cash | CA$43.98m |
Equity | CA$154.00m |
Total liabilities | CA$157.15m |
Total assets | CA$311.15m |
Recent financial health updates
We Think ADF Group (TSE:DRX) Can Stay On Top Of Its Debt
Dec 22Does ADF Group (TSE:DRX) Have A Healthy Balance Sheet?
Jul 27ADF Group (TSE:DRX) Could Easily Take On More Debt
Feb 01Is ADF Group (TSE:DRX) Using Too Much Debt?
Sep 11Is ADF Group (TSE:DRX) Using Too Much Debt?
Mar 26Is ADF Group (TSE:DRX) A Risky Investment?
Dec 11Recent updates
With EPS Growth And More, ADF Group (TSE:DRX) Makes An Interesting Case
Mar 01Market Might Still Lack Some Conviction On ADF Group Inc. (TSE:DRX) Even After 27% Share Price Boost
Feb 17We Think ADF Group (TSE:DRX) Can Stay On Top Of Its Debt
Dec 22ADF Group (TSE:DRX) Shareholders Will Want The ROCE Trajectory To Continue
Sep 08Does ADF Group (TSE:DRX) Have A Healthy Balance Sheet?
Jul 27Returns At ADF Group (TSE:DRX) Are On The Way Up
May 31Is Now The Time To Put ADF Group (TSE:DRX) On Your Watchlist?
Apr 14If EPS Growth Is Important To You, ADF Group (TSE:DRX) Presents An Opportunity
Dec 05ADF Group (TSE:DRX) Has Affirmed Its Dividend Of CA$0.01
Sep 14Returns At ADF Group (TSE:DRX) Are On The Way Up
Sep 09ADF Group (TSE:DRX) Is Experiencing Growth In Returns On Capital
Jun 08ADF Group (TSE:DRX) Will Pay A Dividend Of CA$0.01
Apr 15Investors Aren't Buying ADF Group Inc.'s (TSE:DRX) Earnings
Mar 27ADF Group (TSE:DRX) Could Easily Take On More Debt
Feb 01Is ADF Group (TSE:DRX) Using Too Much Debt?
Sep 11ADF Group (TSE:DRX) Might Have The Makings Of A Multi-Bagger
Jun 16Is ADF Group (TSE:DRX) Using Too Much Debt?
Mar 26Is ADF Group Inc. (TSE:DRX) A Smart Pick For Income Investors?
Feb 19Should You Use ADF Group's (TSE:DRX) Statutory Earnings To Analyse It?
Jan 15Is ADF Group (TSE:DRX) A Risky Investment?
Dec 11Does ADF Group (TSE:DRX) Have The Makings Of A Multi-Bagger?
Jul 10Financial Position Analysis
Short Term Liabilities: DRX's short term assets (CA$192.8M) exceed its short term liabilities (CA$98.3M).
Long Term Liabilities: DRX's short term assets (CA$192.8M) exceed its long term liabilities (CA$58.9M).
Debt to Equity History and Analysis
Debt Level: DRX's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: DRX's debt to equity ratio has reduced from 35.4% to 29.6% over the past 5 years.
Debt Coverage: DRX's debt is well covered by operating cash flow (77.6%).
Interest Coverage: DRX's interest payments on its debt are well covered by EBIT (15.4x coverage).