Donegal Investment Group Balance Sheet Health
Financial Health criteria checks 4/6
Donegal Investment Group has a total shareholder equity of €17.3M and total debt of €6.0M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are €31.8M and €14.5M respectively. Donegal Investment Group's EBIT is €1.4M making its interest coverage ratio -4.7. It has cash and short-term investments of €3.2M.
Key information
34.6%
Debt to equity ratio
€5.98m
Debt
| Interest coverage ratio | -4.7x |
| Cash | €3.22m |
| Equity | €17.27m |
| Total liabilities | €14.51m |
| Total assets | €31.78m |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Donegal Investment Group (ISE:DQ7A)
Dec 26
We Wouldn't Rely On Donegal Investment Group's (ISE:DQ7A) Statutory Earnings As A Guide
Jan 29Could The Market Be Wrong About Donegal Investment Group plc (ISE:DQ7A) Given Its Attractive Financial Prospects?
Dec 24
Financial Position Analysis
Short Term Liabilities: DQ7A's short term assets (€24.5M) exceed its short term liabilities (€13.9M).
Long Term Liabilities: DQ7A's short term assets (€24.5M) exceed its long term liabilities (€636.0K).
Debt to Equity History and Analysis
Debt Level: DQ7A's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: DQ7A's debt to equity ratio has increased from 24.4% to 34.6% over the past 5 years.
Debt Coverage: DQ7A's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: DQ7A earns more interest than it pays, so coverage of interest payments is not a concern.