ADF Group Balance Sheet Health
Financial Health criteria checks 6/6
ADF Group has a total shareholder equity of CA$162.1M and total debt of CA$45.2M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CA$328.6M and CA$166.5M respectively. ADF Group's EBIT is CA$50.1M making its interest coverage ratio 13.9. It has cash and short-term investments of CA$72.4M.
Key information
27.9%
Debt to equity ratio
CA$45.18m
Debt
| Interest coverage ratio | 13.9x |
| Cash | CA$72.38m |
| Equity | CA$162.13m |
| Total liabilities | CA$166.48m |
| Total assets | CA$328.61m |
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
Optimistic 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 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$215.6M) exceed its short term liabilities (CA$105.5M).
Long Term Liabilities: DRX's short term assets (CA$215.6M) exceed its long term liabilities (CA$61.0M).
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 30.5% to 27.9% over the past 5 years.
Debt Coverage: DRX's debt is well covered by operating cash flow (172.3%).
Interest Coverage: DRX's interest payments on its debt are well covered by EBIT (13.9x coverage).