DigitalBridge Group Balance Sheet Health
Financial Health criteria checks 5/6
DigitalBridge Group has a total shareholder equity of $2.5B and total debt of $295.8M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are $3.5B and $1.0B respectively. DigitalBridge Group's EBIT is $281.3M making its interest coverage ratio 15.9. It has cash and short-term investments of $294.4M.
Key information
11.8%
Debt to equity ratio
US$295.84m
Debt
| Interest coverage ratio | 15.9x |
| Cash | US$294.42m |
| Equity | US$2.51b |
| Total liabilities | US$1.04b |
| Total assets | US$3.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6CL's short term assets ($412.8M) do not cover its short term liabilities ($657.0M).
Long Term Liabilities: 6CL's short term assets ($412.8M) exceed its long term liabilities ($379.6M).
Debt to Equity History and Analysis
Debt Level: 6CL's net debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: 6CL's debt to equity ratio has reduced from 86.8% to 11.8% over the past 5 years.
Debt Coverage: 6CL's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 6CL's interest payments on its debt are well covered by EBIT (15.9x coverage).