DX (Group) Balance Sheet Health

Financial Health criteria checks 5/6

DX (Group) has a total shareholder equity of £68.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £251.8M and £183.2M respectively. DX (Group)'s EBIT is £30.0M making its interest coverage ratio 6.5. It has cash and short-term investments of £37.6M.

Key information

Debt to equity ratio

UK£0

Debt

Interest coverage ratio	6.5x
Cash	UK£37.60m
Equity	UK£68.60m
Total liabilities	UK£183.20m
Total assets	UK£251.80m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DX.'s short term assets (£85.4M) exceed its short term liabilities (£81.6M).

Long Term Liabilities: DX.'s short term assets (£85.4M) do not cover its long term liabilities (£101.6M).

Debt to Equity History and Analysis

Debt Level: DX. is debt free.

Reducing Debt: DX. currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: DX. has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DX. has no debt, therefore coverage of interest payments is not a concern.

DX (Group) Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

DX (Group) Cancels its Shares on the AIM Market of the London Stock Exchange

DX (Group) plc to Request the London Stock Exchange to Cancel Trading in DX Shares on AIM to Take Effect On, or Shortly After, the Effective Date

DX (Group) plc to Request the London Stock Exchange to Cancel Trading in DX Shares on AIM to Take Effect On, or Shortly After, the Effective Date

Recent updates

DX (Group) Cancels its Shares on the AIM Market of the London Stock Exchange

H.I.G. Europe Realty Partners completed the acquisition of DX (Group) plc (AIM:DX.) from Gatemore Capital Management LLP, and Lloyd Dunn.

DX (Group) plc to Request the London Stock Exchange to Cancel Trading in DX Shares on AIM to Take Effect On, or Shortly After, the Effective Date

DX (Group) plc to Request the London Stock Exchange to Cancel Trading in DX Shares on AIM to Take Effect On, or Shortly After, the Effective Date

Upcoming dividend of UK£0.01 per share at 4.5% yield

High number of new and inexperienced directors

Full year 2023 earnings released: EPS: UK£0.039 (vs UK£0.024 in FY 2022)

DX (Group) plc, Annual General Meeting, Nov 23, 2023

H.I.G. Europe Realty Partners entered into a non binding and conditional proposal to acquire DX (Group) plc (AIM:DX.) for £279.3 million.

H.I.G. Europe Realty Partners entered into a non binding and conditional proposal to acquire DX (Group) plc (AIM:DX.) for £279.3 million.

Is Now The Time To Put DX (Group) (LON:DX.) On Your Watchlist?

Now 21% undervalued

DX (Group) plc Provides Group Earnings Guidance for the Year Ended July 1, 2023

Are Investors Undervaluing DX (Group) plc (LON:DX.) By 45%?

DX (Group) plc Announces Settlement of Claim with Tuffnells Parcels Express Limited

First half 2023 earnings released: EPS: UK£0.013 (vs UK£0.005 in 1H 2022)

DX (Group) plc to Report First Half, 2023 Results on Feb 27, 2023

Less than half of directors are independent

DX Appoints Paul Ibbetson as Chief Executive Officer

There May Be Reason For Hope In DX (Group)'s (LON:DX.) Disappointing Earnings

DX (Group) plc, Annual General Meeting, Dec 15, 2022

Full year 2022 earnings: EPS misses analyst expectations

What Does DX (Group) plc's (LON:DX.) Share Price Indicate?

Less than half of directors are independent

DX Appoints Mark Hammond to the Board as Executive Chairman

Price target decreased to UK£0.49

Gatemore Capital Requisitions EGM to Replace Ron Series as Chairman of DX Group

Less than half of directors are independent

Dx (Group) plc Announces Resignation of Liad Meidar as A Non-Executive Director

DX (Group) plc Provides Dividend Guidance for the Financial Year Ending 1 July 2023

DX (Group) plc to Report Fiscal Year 2022 Final Results on Nov 30, 2022

DX (Group) plc, Annual General Meeting, Oct 20, 2022

DX (Group) plc Announces Resignation of Lloyd Dunn as Director

What Does DX (Group) plc's (LON:DX.) Share Price Indicate?

Less than half of directors are independent

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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