Distribution Solutions Group Balance Sheet Health
Financial Health criteria checks 2/6
Distribution Solutions Group has a total shareholder equity of $654.7M and total debt of $566.0M, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are $1.5B and $888.5M respectively. Distribution Solutions Group's EBIT is $53.6M making its interest coverage ratio 1.1. It has cash and short-term investments of $73.1M.
Key information
86.5%
Debt to equity ratio
US$565.99m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$73.10m |
| Equity | US$654.66m |
| Total liabilities | US$888.47m |
| Total assets | US$1.54b |
Recent financial health updates
Does Distribution Solutions Group (NASDAQ:DSGR) Have A Healthy Balance Sheet?
May 01
Distribution Solutions Group (NASDAQ:DSGR) Has A Somewhat Strained Balance Sheet
Jan 23Recent updates
Distribution Solutions Group: Results Tracking As Expected
May 20Does Distribution Solutions Group (NASDAQ:DSGR) Have A Healthy Balance Sheet?
May 01Distribution Solutions: Merger Benefits Still Strong, So Are The Challenges
Apr 12Estimating The Fair Value Of Distribution Solutions Group, Inc. (NASDAQ:DSGR)
Mar 04Distribution Solutions Group (NASDAQ:DSGR) Has A Somewhat Strained Balance Sheet
Jan 23Distribution Solutions Group, Inc. (NASDAQ:DSGR) Shares Could Be 26% Below Their Intrinsic Value Estimate
Nov 10News Flash: Analysts Just Made A Meaningful Upgrade To Their Distribution Solutions Group, Inc. (NASDAQ:DSGR) Forecasts
Aug 14Distribution Solutions Group (NASDAQ:DSGR) Has More To Do To Multiply In Value Going Forward
Apr 08GAAP EPS of -$0.23, revenue of $321.33M
Aug 09Financial Position Analysis
Short Term Liabilities: DSGR's short term assets ($655.1M) exceed its short term liabilities ($240.5M).
Long Term Liabilities: DSGR's short term assets ($655.1M) exceed its long term liabilities ($648.0M).
Debt to Equity History and Analysis
Debt Level: DSGR's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: Insufficient data to determine if DSGR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DSGR's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: DSGR's interest payments on its debt are not well covered by EBIT (1.1x coverage).