Delegat Group Balance Sheet Health
Financial Health criteria checks 3/6
Delegat Group has a total shareholder equity of NZ$556.2M and total debt of NZ$357.6M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are NZ$1.1B and NZ$549.4M respectively. Delegat Group's EBIT is NZ$97.5M making its interest coverage ratio 5.6. It has cash and short-term investments of NZ$5.3M.
Key information
64.3%
Debt to equity ratio
NZ$357.55m
Debt
| Interest coverage ratio | 5.6x |
| Cash | NZ$5.30m |
| Equity | NZ$556.19m |
| Total liabilities | NZ$549.44m |
| Total assets | NZ$1.11b |
Recent financial health updates
Here's Why Delegat Group (NZSE:DGL) Can Manage Its Debt Responsibly
Sep 20
Here's Why Delegat Group (NZSE:DGL) Can Manage Its Debt Responsibly
Apr 30Recent updates
Delegat Group (NZSE:DGL) Will Pay A Dividend Of NZ$0.2353
Sep 26Delegat Group (NZSE:DGL) Has Announced A Dividend Of NZ$0.2353
Aug 29Delegat Group (NZSE:DGL) Has More To Do To Multiply In Value Going Forward
Jun 13Delegat Group (NZSE:DGL) Has More To Do To Multiply In Value Going Forward
Nov 30Here's Why Delegat Group (NZSE:DGL) Can Manage Its Debt Responsibly
Sep 20Slowing Rates Of Return At Delegat Group (NZSE:DGL) Leave Little Room For Excitement
Jul 19Delegat Group Limited's (NZSE:DGL) Intrinsic Value Is Potentially 54% Above Its Share Price
Jun 14I Ran A Stock Scan For Earnings Growth And Delegat Group (NZSE:DGL) Passed With Ease
May 15Here's Why Delegat Group (NZSE:DGL) Can Manage Its Debt Responsibly
Apr 30Slowing Rates Of Return At Delegat Group (NZSE:DGL) Leave Little Room For Excitement
Apr 06Delegat Group Limited's (NZSE:DGL) Intrinsic Value Is Potentially 44% Above Its Share Price
Mar 07Delegat Group Limited's (NZSE:DGL) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 20
Does Delegat Group (NZSE:DGL) Deserve A Spot On Your Watchlist?
Feb 04Key Things To Understand About Delegat Group's (NZSE:DGL) CEO Pay Cheque
Jan 16We're Watching These Trends At Delegat Group (NZSE:DGL)
Jan 01Shareholders Of Delegat Group (NZSE:DGL) Must Be Happy With Their 191% Total Return
Dec 17A Look At The Fair Value Of Delegat Group Limited (NZSE:DGL)
Dec 02Are Strong Financial Prospects The Force That Is Driving The Momentum In Delegat Group Limited's NZSE:DGL) Stock?
Nov 19Financial Position Analysis
Short Term Liabilities: DGL's short term assets (NZ$304.5M) exceed its short term liabilities (NZ$59.1M).
Long Term Liabilities: DGL's short term assets (NZ$304.5M) do not cover its long term liabilities (NZ$490.3M).
Debt to Equity History and Analysis
Debt Level: DGL's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: DGL's debt to equity ratio has reduced from 85.9% to 64.3% over the past 5 years.
Debt Coverage: DGL's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: DGL's interest payments on its debt are well covered by EBIT (5.6x coverage).