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 ratio3.3x
CashUS$6.96m
EquityUS$236.66m
Total liabilitiesUS$380.31m
Total assetsUS$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).


Balance Sheet


Discover healthy companies