Dechra Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 1/6
Dechra Pharmaceuticals has a total shareholder equity of £755.2M and total debt of £487.6M, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are £1.6B and £814.2M respectively. Dechra Pharmaceuticals's EBIT is £17.1M making its interest coverage ratio 0.8. It has cash and short-term investments of £74.4M.
Key information
64.6%
Debt to equity ratio
UK£487.60m
Debt
| Interest coverage ratio | 0.8x |
| Cash | UK£74.40m |
| Equity | UK£755.20m |
| Total liabilities | UK£814.20m |
| Total assets | UK£1.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPHL's short term assets (£467.9M) exceed its short term liabilities (£164.0M).
Long Term Liabilities: DPHL's short term assets (£467.9M) do not cover its long term liabilities (£650.2M).
Debt to Equity History and Analysis
Debt Level: DPHL's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: DPHL's debt to equity ratio has increased from 57.6% to 64.6% over the past 5 years.
Debt Coverage: DPHL's debt is not well covered by operating cash flow (13%).
Interest Coverage: DPHL's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/17 10:01 |
| End of Day Share Price | 2024/01/15 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
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
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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
Dechra Pharmaceuticals PLC is covered by 21 analysts. 5 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 |
|---|---|
| Samuel England | Berenberg |
| Laurent Gelebart | BNP Paribas Exane |
| Brian White | Cantor Fitzgerald Europe |