Diales Balance Sheet Health

Financial Health criteria checks 6/6

Diales has a total shareholder equity of £15.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £23.5M and £8.1M respectively. Diales's EBIT is £403.0K making its interest coverage ratio -3.4. It has cash and short-term investments of £3.6M.

Key information

Debt to equity ratio

UK£0

Debt

Interest coverage ratio	-3.4x
Cash	UK£3.57m
Equity	UK£15.41m
Total liabilities	UK£8.09m
Total assets	UK£23.50m

Recent financial health updates

These 4 Measures Indicate That Driver Group (LON:DRV) Is Using Debt Safely

Dec 25

Recent updates

There's Been No Shortage Of Growth Recently For Driver Group's (LON:DRV) Returns On Capital

Nov 17

At UK£0.24, Is Driver Group plc (LON:DRV) Worth Looking At Closely?

May 07

We Like These Underlying Return On Capital Trends At Driver Group (LON:DRV)

Mar 30

Should You Investigate Driver Group plc (LON:DRV) At UK£0.58?

Nov 27

There's Been No Shortage Of Growth Recently For Driver Group's (LON:DRV) Returns On Capital

May 08

Driver Group plc (LON:DRV) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Mar 05

We Like These Underlying Trends At Driver Group (LON:DRV)

Feb 07

Here's Why Driver Group's (LON:DRV) Statutory Earnings Are Arguably Too Conservative

Jan 14

These 4 Measures Indicate That Driver Group (LON:DRV) Is Using Debt Safely

Dec 25

Are Robust Financials Driving The Recent Rally In Driver Group plc's (LON:DRV) Stock?

Dec 04

Financial Position Analysis

Short Term Liabilities: DIAL's short term assets (£18.2M) exceed its short term liabilities (£7.4M).

Long Term Liabilities: DIAL's short term assets (£18.2M) exceed its long term liabilities (£697.0K).

Debt to Equity History and Analysis

Debt Level: DIAL is debt free.

Reducing Debt: DIAL has no debt compared to 5 years ago when its debt to equity ratio was 12.9%.

Debt Coverage: DIAL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DIAL has no debt, therefore coverage of interest payments is not a concern.

Diales Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

These 4 Measures Indicate That Driver Group (LON:DRV) Is Using Debt Safely

Recent updates

Driver Group plc (AIM:DRV) commences an Equity Buyback Plan for 5,261,072 shares, representing 10% of its issued share capital, under the authorization approved on March 5, 2024.

First half dividend of UK£0.0075 announced

First half 2024 earnings released: EPS: UK£0.006 (vs UK£0.006 in 1H 2023)

Driver Group plc Recommends Interim Dividend, Payable on 25 October 2024

Driver Group plc's (LON:DRV) Share Price Not Quite Adding Up

Driver Group plc Provides Revenue Guidance for the Six-Month Period Ended 31 March 2024

Driver Group plc Approves Final Dividend for the Year Ended 30 September 2023

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: UK£0.002 (vs UK£0.055 loss in FY 2022)

Driver Group plc, Annual General Meeting, Mar 05, 2024

Full year 2023 earnings released: EPS: UK£0.002 (vs UK£0.055 loss in FY 2022)

Driver Group plc Proposes Final Dividend for 2023, Payable on 11 April 2024

Driver Group plc to Report Fiscal Year 2023 Results on Dec 14, 2023

Driver Group PLC Provides Earnings Guidance for the Fiscal Year 2023

Driver Group (LON:DRV) Will Pay A Dividend Of £0.0075

Driver Group (LON:DRV) Is Paying Out A Dividend Of £0.0075

First half 2023 earnings released: EPS: UK£0.006 (vs UK£0.003 loss in 1H 2022)

Full year 2022 earnings released: UK£0.055 loss per share (vs UK£0.021 profit in FY 2021)

Driver Group plc, Annual General Meeting, Mar 23, 2023

Driver Group plc to Report Fiscal Year 2022 Results on Feb 23, 2023

There's Been No Shortage Of Growth Recently For Driver Group's (LON:DRV) Returns On Capital

Price target decreased to UK£0.49

Driver Group plc Announces Interim Dividend, Payable on 27 October 2022

First half 2022 earnings released

Driver Group plc Recommends Interim Dividend for 2022

Driver Group plc to Report First Half, 2022 Results on Jun 14, 2022

Driver Group Provides Earnings Guidance for the Six Months Ended 31 March 2022

At UK£0.24, Is Driver Group plc (LON:DRV) Worth Looking At Closely?

Driver Group plc Appoints Charlotte Parsons to the Board as Chief Financial Officer, Effective 20 July 2022

Price target decreased to UK£0.62

We Like These Underlying Return On Capital Trends At Driver Group (LON:DRV)

Driver Group plc Announces the Resignation of David Kilgour as Chief Financial Officer

Driver Group plc, Annual General Meeting, Mar 08, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Should You Investigate Driver Group plc (LON:DRV) At UK£0.58?

First half 2021 earnings released: EPS UK£0.011 (vs UK£0.018 in 1H 2020)

There's Been No Shortage Of Growth Recently For Driver Group's (LON:DRV) Returns On Capital

Driver Group plc (LON:DRV) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

New 90-day low: UK£0.49

We Like These Underlying Trends At Driver Group (LON:DRV)

Driver Group plc, Annual General Meeting, Mar 01, 2021

Here's Why Driver Group's (LON:DRV) Statutory Earnings Are Arguably Too Conservative

These 4 Measures Indicate That Driver Group (LON:DRV) Is Using Debt Safely

Full year 2020 earnings released: EPS UK£0.026

Revenue misses expectations

New 90-day high: UK£0.58

Are Robust Financials Driving The Recent Rally In Driver Group plc's (LON:DRV) Stock?

Driver Group plc to Report Fiscal Year 2020 Results on Dec 15, 2020

Driver Group Announces Appointment David Merritt as Quantum Expert

New 90-day low: UK£0.47

New 90-day low: UK£0.48

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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