Darling Ingredients Balance Sheet Health
Financial Health criteria checks 2/6
Darling Ingredients has a total shareholder equity of $4.6B and total debt of $4.2B, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are $10.6B and $5.9B respectively. Darling Ingredients's EBIT is $348.6M making its interest coverage ratio 1.3. It has cash and short-term investments of $114.8M.
Key information
91.6%
Debt to equity ratio
US$4.24b
Debt
Interest coverage ratio | 1.3x |
Cash | US$114.78m |
Equity | US$4.63b |
Total liabilities | US$5.94b |
Total assets | US$10.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAR *'s short term assets ($1.5B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: DAR *'s short term assets ($1.5B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: DAR *'s net debt to equity ratio (89.1%) is considered high.
Reducing Debt: DAR *'s debt to equity ratio has increased from 68.3% to 91.6% over the past 5 years.
Debt Coverage: DAR *'s debt is well covered by operating cash flow (21.3%).
Interest Coverage: DAR *'s interest payments on its debt are not well covered by EBIT (1.3x coverage).