Dar Global Balance Sheet Health
Financial Health criteria checks 4/6
Dar Global has a total shareholder equity of $451.9M and total debt of $234.0M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are $963.6M and $511.7M respectively. Dar Global's EBIT is $49.5M making its interest coverage ratio 9.3. It has cash and short-term investments of $325.1M.
Key information
51.8%
Debt to equity ratio
US$234.02m
Debt
| Interest coverage ratio | 9.3x |
| Cash | US$325.10m |
| Equity | US$451.92m |
| Total liabilities | US$511.71m |
| Total assets | US$963.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L16's short term assets ($911.7M) exceed its short term liabilities ($116.0M).
Long Term Liabilities: L16's short term assets ($911.7M) exceed its long term liabilities ($395.7M).
Debt to Equity History and Analysis
Debt Level: L16 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if L16's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: L16's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: L16's interest payments on its debt are well covered by EBIT (9.3x coverage).