Douglas Dynamics Balance Sheet Health
Financial Health criteria checks 4/6
Douglas Dynamics has a total shareholder equity of $236.7M and total debt of $255.6M, which brings its debt-to-equity ratio to 108%. Its total assets and total liabilities are $617.0M and $380.3M respectively. Douglas Dynamics's EBIT is $55.3M making its interest coverage ratio 3.3. It has cash and short-term investments of $7.0M.
Key information
108.0%
Debt to equity ratio
US$255.61m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$6.96m |
| Equity | US$236.66m |
| Total liabilities | US$380.31m |
| Total assets | US$616.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5D4's short term assets ($293.8M) exceed its short term liabilities ($145.0M).
Long Term Liabilities: 5D4's short term assets ($293.8M) exceed its long term liabilities ($235.3M).
Debt to Equity History and Analysis
Debt Level: 5D4's net debt to equity ratio (105.1%) is considered high.
Reducing Debt: 5D4's debt to equity ratio has increased from 97.9% to 108% over the past 5 years.
Debt Coverage: 5D4's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 5D4's interest payments on its debt are well covered by EBIT (3.3x coverage).