DXP Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
DXP Enterprises has a total shareholder equity of $380.9M and total debt of $526.2M, which brings its debt-to-equity ratio to 138.2%. Its total assets and total liabilities are $1.2B and $796.6M respectively. DXP Enterprises's EBIT is $139.3M making its interest coverage ratio 2.6. It has cash and short-term investments of $173.1M.
Key information
138.2%
Debt to equity ratio
US$526.20m
Debt
Interest coverage ratio | 2.6x |
Cash | US$173.12m |
Equity | US$380.88m |
Total liabilities | US$796.56m |
Total assets | US$1.18b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DX7's short term assets ($648.6M) exceed its short term liabilities ($224.2M).
Long Term Liabilities: DX7's short term assets ($648.6M) exceed its long term liabilities ($572.4M).
Debt to Equity History and Analysis
Debt Level: DX7's net debt to equity ratio (92.7%) is considered high.
Reducing Debt: DX7's debt to equity ratio has increased from 78% to 138.2% over the past 5 years.
Debt Coverage: DX7's debt is well covered by operating cash flow (20.2%).
Interest Coverage: DX7's interest payments on its debt are not well covered by EBIT (2.6x coverage).