Denny's Balance Sheet Health
Financial Health criteria checks 0/6
Denny's has a total shareholder equity of $-54.5M and total debt of $261.0M, which brings its debt-to-equity ratio to -479%. Its total assets and total liabilities are $461.6M and $516.1M respectively. Denny's's EBIT is $50.7M making its interest coverage ratio 2.8. It has cash and short-term investments of $4.4M.
Key information
-479.0%
Debt to equity ratio
US$261.00m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$4.37m |
| Equity | -US$54.48m |
| Total liabilities | US$516.11m |
| Total assets | US$461.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DE8 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DE8 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: DE8 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DE8's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DE8's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: DE8's interest payments on its debt are not well covered by EBIT (2.8x coverage).