Dorman Products Balance Sheet Health
Financial Health criteria checks 5/6
Dorman Products has a total shareholder equity of $1.2B and total debt of $535.5M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are $2.4B and $1.1B respectively. Dorman Products's EBIT is $342.4M making its interest coverage ratio 8.2. It has cash and short-term investments of $45.1M.
Key information
43.4%
Debt to equity ratio
US$535.55m
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$45.13m |
| Equity | US$1.23b |
| Total liabilities | US$1.13b |
| Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAB's short term assets ($1.3B) exceed its short term liabilities ($561.3M).
Long Term Liabilities: RAB's short term assets ($1.3B) exceed its long term liabilities ($568.2M).
Debt to Equity History and Analysis
Debt Level: RAB's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: RAB's debt to equity ratio has increased from 0% to 43.4% over the past 5 years.
Debt Coverage: RAB's debt is well covered by operating cash flow (40.9%).
Interest Coverage: RAB's interest payments on its debt are well covered by EBIT (8.2x coverage).