Daktronics Balance Sheet Health
Financial Health criteria checks 5/6
Daktronics has a total shareholder equity of $238.2M and total debt of $76.0M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are $553.9M and $315.7M respectively. Daktronics's EBIT is $69.6M making its interest coverage ratio 11.7. It has cash and short-term investments of $96.8M.
Key information
31.9%
Debt to equity ratio
US$75.97m
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$96.81m |
| Equity | US$238.21m |
| Total liabilities | US$315.68m |
| Total assets | US$553.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DA3's short term assets ($427.4M) exceed its short term liabilities ($196.9M).
Long Term Liabilities: DA3's short term assets ($427.4M) exceed its long term liabilities ($118.7M).
Debt to Equity History and Analysis
Debt Level: DA3 has more cash than its total debt.
Reducing Debt: DA3's debt to equity ratio has increased from 5% to 31.9% over the past 5 years.
Debt Coverage: DA3's debt is well covered by operating cash flow (83.5%).
Interest Coverage: DA3's interest payments on its debt are well covered by EBIT (11.7x coverage).