DCC Balance Sheet Health
Financial Health criteria checks 6/6
DCC has a total shareholder equity of £3.1B and total debt of £2.0B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are £8.9B and £5.8B respectively. DCC's EBIT is £580.4M making its interest coverage ratio 5.9. It has cash and short-term investments of £829.6M.
Key information
64.0%
Debt to equity ratio
UK£1.97b
Debt
| Interest coverage ratio | 5.9x |
| Cash | UK£829.58m |
| Equity | UK£3.08b |
| Total liabilities | UK£5.85b |
| Total assets | UK£8.92b |
Recent financial health updates
Recent updates
DCC (LON:DCC) Has Announced A Dividend Of £0.6619
Nov 15
Some Confidence Is Lacking In DCC plc's (LON:DCC) P/E
Oct 08Are Investors Undervaluing DCC plc (LON:DCC) By 43%?
Jul 23Shareholders Will Most Likely Find DCC plc's (LON:DCC) CEO Compensation Acceptable
Jul 05Slowing Rates Of Return At DCC (LON:DCC) Leave Little Room For Excitement
Jun 23DCC (LON:DCC) Seems To Use Debt Quite Sensibly
May 24DCC plc's (LON:DCC) Share Price Not Quite Adding Up
Apr 02Slowing Rates Of Return At DCC (LON:DCC) Leave Little Room For Excitement
Feb 29DCC plc (LON:DCC) Shares Could Be 34% Below Their Intrinsic Value Estimate
Feb 12Is DCC (LON:DCC) Using Too Much Debt?
Jan 12What DCC plc's (LON:DCC) P/E Is Not Telling You
Dec 27Financial Position Analysis
Short Term Liabilities: DCC's short term assets (£3.9B) exceed its short term liabilities (£3.0B).
Long Term Liabilities: DCC's short term assets (£3.9B) exceed its long term liabilities (£2.8B).
Debt to Equity History and Analysis
Debt Level: DCC's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: DCC's debt to equity ratio has reduced from 89.5% to 64% over the past 5 years.
Debt Coverage: DCC's debt is well covered by operating cash flow (30.9%).
Interest Coverage: DCC's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
DCC plc is covered by 34 analysts. 13 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 |
|---|---|
| Jane Sparrow | Barclays |
| Thomas Burlton | Berenberg |
| Calum Battersby | Berenberg |