Derrimon Trading Balance Sheet Health
Financial Health criteria checks 3/6
Derrimon Trading has a total shareholder equity of JMD7.0B and total debt of JMD4.8B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are JMD18.8B and JMD11.8B respectively. Derrimon Trading's EBIT is JMD631.6M making its interest coverage ratio 0.9. It has cash and short-term investments of JMD702.6M.
Key information
68.8%
Debt to equity ratio
JA$4.81b
Debt
| Interest coverage ratio | 0.9x |
| Cash | JA$702.57m |
| Equity | JA$6.99b |
| Total liabilities | JA$11.78b |
| Total assets | JA$18.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTL's short term assets (JMD10.1B) exceed its short term liabilities (JMD5.5B).
Long Term Liabilities: DTL's short term assets (JMD10.1B) exceed its long term liabilities (JMD6.3B).
Debt to Equity History and Analysis
Debt Level: DTL's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: DTL's debt to equity ratio has reduced from 158.2% to 68.8% over the past 5 years.
Debt Coverage: DTL's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: DTL's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 03:46 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Derrimon Trading Company Limited is covered by 0 analysts. 0 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 |
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