Dr. Martens Balance Sheet Health
Financial Health criteria checks 5/6
Dr. Martens has a total shareholder equity of £368.2M and total debt of £294.7M, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are £952.4M and £584.2M respectively. Dr. Martens's EBIT is £126.4M making its interest coverage ratio 4.3. It has cash and short-term investments of £111.1M.
Key information
80.0%
Debt to equity ratio
UK£294.70m
Debt
| Interest coverage ratio | 4.3x |
| Cash | UK£111.10m |
| Equity | UK£368.20m |
| Total liabilities | UK£584.20m |
| Total assets | UK£952.40m |
Recent financial health updates
Recent updates
Benign Growth For Dr. Martens plc (LON:DOCS) Underpins Stock's 30% Plummet
Sep 21
Is There An Opportunity With Dr. Martens plc's (LON:DOCS) 45% Undervaluation?
Aug 20Dr. Martens (LON:DOCS) Has Some Way To Go To Become A Multi-Bagger
Jul 20There May Be Some Bright Spots In Dr. Martens' (LON:DOCS) Earnings
Jun 19Dr. Martens plc's (LON:DOCS) Price Is Right But Growth Is Lacking After Shares Rocket 27%
May 21The Trend Of High Returns At Dr. Martens (LON:DOCS) Has Us Very Interested
Mar 27Dr. Martens (LON:DOCS) Has A Somewhat Strained Balance Sheet
Mar 06Dr. Martens plc's (LON:DOCS) Intrinsic Value Is Potentially 57% Above Its Share Price
Feb 08Dr. Martens plc's (LON:DOCS) Business And Shares Still Trailing The Market
Jan 21Dr. Martens' (LON:DOCS) Dividend Will Be £0.0156
Jan 03Dr. Martens (LON:DOCS) Will Pay A Dividend Of £0.0156
Dec 13Dr. Martens (LON:DOCS) Is Very Good At Capital Allocation
Oct 12Calculating The Intrinsic Value Of Dr. Martens plc (LON:DOCS)
Sep 13Returns on Capital Paint A Bright Future For Dr. Martens (LON:DOCS)
Jul 12A Look At The Intrinsic Value Of Dr. Martens plc (LON:DOCS)
Jun 02Dr. Martens (LON:DOCS) Is Investing Its Capital With Increasing Efficiency
Feb 25Is There An Opportunity With Dr. Martens plc's (LON:DOCS) 34% Undervaluation?
Dec 17The Trend Of High Returns At Dr. Martens (LON:DOCS) Has Us Very Interested
Oct 02Dr. Martens (LON:DOCS) Knows How To Allocate Capital Effectively
Jul 04Why Investors Shouldn't Be Surprised By Dr. Martens plc's (LON:DOCS) 26% Share Price Surge
Jun 16Are Investors Undervaluing Dr. Martens plc (LON:DOCS) By 27%?
Mar 02Dr. Martens plc's (LON:DOCS) Intrinsic Value Is Potentially 19% Below Its Share Price
Dec 01Financial Position Analysis
Short Term Liabilities: DOCS's short term assets (£437.2M) exceed its short term liabilities (£153.5M).
Long Term Liabilities: DOCS's short term assets (£437.2M) exceed its long term liabilities (£430.7M).
Debt to Equity History and Analysis
Debt Level: DOCS's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: DOCS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DOCS's debt is well covered by operating cash flow (57%).
Interest Coverage: DOCS's interest payments on its debt are well covered by EBIT (4.3x coverage).