Daktronics Balance Sheet Health
Financial Health criteria checks 5/6
Daktronics has a total shareholder equity of $260.9M and total debt of $65.4M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are $551.9M and $291.0M respectively. Daktronics's EBIT is $65.9M making its interest coverage ratio 65.4. It has cash and short-term investments of $134.4M.
Key information
25.1%
Debt to equity ratio
US$65.39m
Debt
| Interest coverage ratio | 65.4x |
| Cash | US$134.35m |
| Equity | US$260.93m |
| Total liabilities | US$290.96m |
| Total assets | US$551.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DA3's short term assets ($422.8M) exceed its short term liabilities ($180.1M).
Long Term Liabilities: DA3's short term assets ($422.8M) exceed its long term liabilities ($110.9M).
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 0% to 25.1% over the past 5 years.
Debt Coverage: DA3's debt is well covered by operating cash flow (125%).
Interest Coverage: DA3's interest payments on its debt are well covered by EBIT (65.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:12 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/10/26 |
| Annual Earnings | 2024/04/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daktronics, Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Ryan | Colliers Securities |
| Steven Dyer | Craig-Hallum Capital Group LLC |
| Morris Ajzenman | Griffin Securities |