Daktronics Balance Sheet Health
Financial Health criteria checks 5/6
Daktronics has a total shareholder equity of $238.8M and total debt of $54.7M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are $527.9M and $289.1M respectively. Daktronics's EBIT is $87.1M making its interest coverage ratio 25.5. It has cash and short-term investments of $81.3M.
Key information
22.9%
Debt to equity ratio
US$54.66m
Debt
Interest coverage ratio | 25.5x |
Cash | US$81.30m |
Equity | US$238.79m |
Total liabilities | US$289.09m |
Total assets | US$527.88m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DA3's short term assets ($401.9M) exceed its short term liabilities ($192.3M).
Long Term Liabilities: DA3's short term assets ($401.9M) exceed its long term liabilities ($96.8M).
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 22.9% over the past 5 years.
Debt Coverage: DA3's debt is well covered by operating cash flow (115.7%).
Interest Coverage: DA3's interest payments on its debt are well covered by EBIT (25.5x coverage).