Douglas Dynamics Balance Sheet Health
Financial Health criteria checks 3/6
Douglas Dynamics has a total shareholder equity of $217.2M and total debt of $246.8M, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are $577.1M and $359.9M respectively. Douglas Dynamics's EBIT is $53.5M making its interest coverage ratio 3.3. It has cash and short-term investments of $5.0M.
Key information
113.7%
Debt to equity ratio
US$246.80m
Debt
Interest coverage ratio | 3.3x |
Cash | US$5.03m |
Equity | US$217.16m |
Total liabilities | US$359.92m |
Total assets | US$577.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5D4's short term assets ($251.2M) exceed its short term liabilities ($122.1M).
Long Term Liabilities: 5D4's short term assets ($251.2M) exceed its long term liabilities ($237.8M).
Debt to Equity History and Analysis
Debt Level: 5D4's net debt to equity ratio (111.3%) is considered high.
Reducing Debt: 5D4's debt to equity ratio has increased from 98.5% to 113.7% over the past 5 years.
Debt Coverage: 5D4's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 5D4's interest payments on its debt are well covered by EBIT (3.3x coverage).