Denny's Balance Sheet Health
Financial Health criteria checks 2/6
Denny's has a total shareholder equity of $-55.7M and total debt of $261.2M, which brings its debt-to-equity ratio to -468.6%. Its total assets and total liabilities are $460.4M and $516.2M respectively. Denny's's EBIT is $60.2M making its interest coverage ratio 3.4. It has cash and short-term investments of $4.0M.
Key information
-468.6%
Debt to equity ratio
US$261.20m
Debt
Interest coverage ratio | 3.4x |
Cash | US$3.95m |
Equity | -US$55.74m |
Total liabilities | US$516.16m |
Total assets | US$460.41m |
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 well covered by operating cash flow (21.5%).
Interest Coverage: DE8's interest payments on its debt are well covered by EBIT (3.4x coverage).