Deluxe Balance Sheet Health
Financial Health criteria checks 0/6
Deluxe has a total shareholder equity of $620.5M and total debt of $1.6B, which brings its debt-to-equity ratio to 251.1%. Its total assets and total liabilities are $2.7B and $2.0B respectively. Deluxe's EBIT is $228.9M making its interest coverage ratio 1.8. It has cash and short-term investments of $23.1M.
Key information
251.1%
Debt to equity ratio
US$1.56b
Debt
Interest coverage ratio | 1.8x |
Cash | US$23.08m |
Equity | US$620.48m |
Total liabilities | US$2.05b |
Total assets | US$2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DL8's short term assets ($391.4M) do not cover its short term liabilities ($404.4M).
Long Term Liabilities: DL8's short term assets ($391.4M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: DL8's net debt to equity ratio (247.4%) is considered high.
Reducing Debt: DL8's debt to equity ratio has increased from 106.4% to 251.1% over the past 5 years.
Debt Coverage: DL8's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: DL8's interest payments on its debt are not well covered by EBIT (1.8x coverage).