Distribution Solutions Group Balance Sheet Health
Financial Health criteria checks 1/6
Distribution Solutions Group has a total shareholder equity of $680.8M and total debt of $746.2M, which brings its debt-to-equity ratio to 109.6%. Its total assets and total liabilities are $1.8B and $1.1B respectively. Distribution Solutions Group's EBIT is $49.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $61.3M.
Key information
109.6%
Debt to equity ratio
US$746.21m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$61.34m |
| Equity | US$680.76m |
| Total liabilities | US$1.10b |
| Total assets | US$1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LW2's short term assets ($770.7M) exceed its short term liabilities ($274.1M).
Long Term Liabilities: LW2's short term assets ($770.7M) do not cover its long term liabilities ($830.1M).
Debt to Equity History and Analysis
Debt Level: LW2's net debt to equity ratio (100.6%) is considered high.
Reducing Debt: Insufficient data to determine if LW2's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LW2's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: LW2's interest payments on its debt are not well covered by EBIT (0.9x coverage).