Deluxe Balance Sheet Health
Financial Health criteria checks 0/6
Deluxe has a total shareholder equity of $612.7M and total debt of $1.5B, which brings its debt-to-equity ratio to 250.7%. Its total assets and total liabilities are $2.6B and $2.0B respectively. Deluxe's EBIT is $235.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $41.3M.
Key information
250.7%
Debt to equity ratio
US$1.54b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$41.31m |
| Equity | US$612.69m |
| Total liabilities | US$2.01b |
| Total assets | US$2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DL8's short term assets ($392.6M) do not cover its short term liabilities ($427.8M).
Long Term Liabilities: DL8's short term assets ($392.6M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: DL8's net debt to equity ratio (243.9%) is considered high.
Reducing Debt: DL8's debt to equity ratio has increased from 175.8% to 250.7% over the past 5 years.
Debt Coverage: DL8's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: DL8's interest payments on its debt are not well covered by EBIT (1.9x coverage).