ADF Group Balance Sheet Health
Financial Health criteria checks 6/6
ADF Group has a total shareholder equity of CA$146.1M and total debt of CA$43.8M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are CA$286.6M and CA$140.6M respectively. ADF Group's EBIT is CA$75.3M making its interest coverage ratio 26.8. It has cash and short-term investments of CA$76.0M.
Key information
30.0%
Debt to equity ratio
CA$43.85m
Debt
| Interest coverage ratio | 26.8x |
| Cash | CA$76.04m |
| Equity | CA$146.08m |
| Total liabilities | CA$140.56m |
| Total assets | CA$286.65m |
Recent financial health updates
We Think ADF Group (TSE:DRX) Can Stay On Top Of Its Debt
Dec 22
Does 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
Earnings Working Against ADF Group Inc.'s (TSE:DRX) Share Price
Oct 22Should You Be Adding ADF Group (TSE:DRX) To Your Watchlist Today?
Aug 08Optimistic Investors Push ADF Group Inc. (TSE:DRX) Shares Up 29% But Growth Is Lacking
May 31Returns On Capital Are A Standout For ADF Group (TSE:DRX)
May 25Solid Earnings Reflect ADF Group's (TSE:DRX) Strength As A Business
Apr 19ADF Group Inc. (TSE:DRX) Shares Fly 26% But Investors Aren't Buying For Growth
Apr 12With 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 19
Should You Use ADF Group's (TSE:DRX) Statutory Earnings To Analyse It?
Jan 15Is ADF Group (TSE:DRX) A Risky Investment?
Dec 11Financial Position Analysis
Short Term Liabilities: DRX's short term assets (CA$171.0M) exceed its short term liabilities (CA$80.9M).
Long Term Liabilities: DRX's short term assets (CA$171.0M) exceed its long term liabilities (CA$59.7M).
Debt to Equity History and Analysis
Debt Level: DRX has more cash than its total debt.
Reducing Debt: DRX's debt to equity ratio has reduced from 31.5% to 30% over the past 5 years.
Debt Coverage: DRX's debt is well covered by operating cash flow (199.7%).
Interest Coverage: DRX's interest payments on its debt are well covered by EBIT (26.8x coverage).