De La Rue Balance Sheet Health
Financial Health criteria checks 3/6
De La Rue has a total shareholder equity of £2.6M and total debt of £117.2M, which brings its debt-to-equity ratio to 4507.7%. Its total assets and total liabilities are £294.3M and £291.7M respectively. De La Rue's EBIT is £17.5M making its interest coverage ratio 0.9. It has cash and short-term investments of £29.3M.
Key information
4,507.7%
Debt to equity ratio
UK£117.20m
Debt
| Interest coverage ratio | 0.9x |
| Cash | UK£29.30m |
| Equity | UK£2.60m |
| Total liabilities | UK£291.70m |
| Total assets | UK£294.30m |
Recent financial health updates
Does De La Rue (LON:DLAR) Have A Healthy Balance Sheet?
Sep 26
De La Rue (LON:DLAR) Has No Shortage Of Debt
Jan 24Here's Why De La Rue (LON:DLAR) Has A Meaningful Debt Burden
Dec 14Does De La Rue (LON:DLAR) Have A Healthy Balance Sheet?
Jul 07
Recent updates
Does De La Rue (LON:DLAR) Have A Healthy Balance Sheet?
Sep 26De La Rue plc's (LON:DLAR) Price Is Out Of Tune With Revenues
Apr 27Optimistic Investors Push De La Rue plc (LON:DLAR) Shares Up 27% But Growth Is Lacking
Dec 18De La Rue (LON:DLAR) Has No Shortage Of Debt
Jan 24Should You Investigate De La Rue plc (LON:DLAR) At UK£0.77?
Nov 24At UK£1.00, Is It Time To Put De La Rue plc (LON:DLAR) On Your Watch List?
May 26A Look At The Fair Value Of De La Rue plc (LON:DLAR)
Nov 17Calculating The Intrinsic Value Of De La Rue plc (LON:DLAR)
Jun 14A Look At The Intrinsic Value Of De La Rue plc (LON:DLAR)
Mar 07What Is The Ownership Structure Like For De La Rue plc (LON:DLAR)?
Feb 17Have Insiders Been Buying De La Rue plc (LON:DLAR) Shares?
Feb 02We're Not Counting On De La Rue (LON:DLAR) To Sustain Its Statutory Profitability
Jan 18De La Rue's(LON:DLAR) Share Price Is Down 73% Over The Past Three Years.
Dec 31Here's Why De La Rue (LON:DLAR) Has A Meaningful Debt Burden
Dec 14De La Rue plc's (LON:DLAR) Intrinsic Value Is Potentially 96% Above Its Share Price
Nov 27Does De La Rue (LON:DLAR) Have A Healthy Balance Sheet?
Jul 07Financial Position Analysis
Short Term Liabilities: DLAR's short term assets (£161.4M) exceed its short term liabilities (£110.8M).
Long Term Liabilities: DLAR's short term assets (£161.4M) do not cover its long term liabilities (£180.9M).
Debt to Equity History and Analysis
Debt Level: DLAR's net debt to equity ratio (3380.8%) is considered high.
Reducing Debt: DLAR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DLAR's debt is well covered by operating cash flow (22.4%).
Interest Coverage: DLAR's interest payments on its debt are not well covered by EBIT (0.9x coverage).