Dr. Martens Balance Sheet Health
Financial Health criteria checks 5/6
Dr. Martens has a total shareholder equity of £363.6M and total debt of £314.6M, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are £1.0B and £664.8M respectively. Dr. Martens's EBIT is £165.8M making its interest coverage ratio 9.9. It has cash and short-term investments of £45.7M.
Key information
86.5%
Debt to equity ratio
UK£314.60m
Debt
| Interest coverage ratio | 9.9x |
| Cash | UK£45.70m |
| Equity | UK£363.60m |
| Total liabilities | UK£664.80m |
| Total assets | UK£1.03b |
Recent financial health updates
Recent updates
The Trend Of High Returns At Dr. Martens (LON:DOCS) Has Us Very Interested
Mar 27
Dr. 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 01Are Dr. Martens plc (LON:DOCS) Investors Paying Above The Intrinsic Value?
Aug 24Investors Can Find Comfort In Dr. Martens' (LON:DOCS) Earnings Quality
Jun 24Does This Valuation Of Dr. Martens plc (LON:DOCS) Imply Investors Are Overpaying?
Apr 29Financial Position Analysis
Short Term Liabilities: DOCS's short term assets (£491.5M) exceed its short term liabilities (£201.4M).
Long Term Liabilities: DOCS's short term assets (£491.5M) exceed its long term liabilities (£463.4M).
Debt to Equity History and Analysis
Debt Level: DOCS's net debt to equity ratio (74%) 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 (24.3%).
Interest Coverage: DOCS's interest payments on its debt are well covered by EBIT (9.9x coverage).