Dover Balance Sheet Health
Financial Health criteria checks 5/6
Dover has a total shareholder equity of $5.2B and total debt of $3.9B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are $12.0B and $6.8B respectively. Dover's EBIT is $1.4B making its interest coverage ratio 12. It has cash and short-term investments of $930.0M.
Key information
76.5%
Debt to equity ratio
US$3.94b
Debt
Interest coverage ratio | 12x |
Cash | US$929.95m |
Equity | US$5.15b |
Total liabilities | US$6.83b |
Total assets | US$11.99b |
Recent financial health updates
Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 15Is Dover (NYSE:DOV) Using Too Much Debt?
Aug 20Does Dover (NYSE:DOV) Have A Healthy Balance Sheet?
May 05Recent updates
Some Shareholders Feeling Restless Over Dover Corporation's (NYSE:DOV) P/E Ratio
Jul 22Is Dover Corporation (NYSE:DOV) Potentially Undervalued?
Jul 11Dover: Excellent Economics Well Captured At Current Multiples
Jul 04Is Dover Corporation (NYSE:DOV) Trading At A 26% Discount?
Jun 29Investors Met With Slowing Returns on Capital At Dover (NYSE:DOV)
Jun 18Dover: Quality Growth Ahead, But This Dividend Aristocrat Is Fairly Priced
May 21Do Dover's (NYSE:DOV) Earnings Warrant Your Attention?
May 14We Think You Should Be Aware Of Some Concerning Factors In Dover's (NYSE:DOV) Earnings
May 03Dover Corporation's (NYSE:DOV) Share Price Could Signal Some Risk
Mar 30Dover Corporation's (NYSE:DOV) Intrinsic Value Is Potentially 38% Above Its Share Price
Mar 18Here's What To Make Of Dover's (NYSE:DOV) Decelerating Rates Of Return
Mar 06Dover Corporation Is Not A Buy At Its New High
Mar 05Dover Corporation (NYSE:DOV) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 13Dover's (NYSE:DOV) Dividend Will Be $0.51
Feb 12Is Dover Corporation (NYSE:DOV) Potentially Undervalued?
Jan 27Dover Corporation: Continued Transformation, Continued Growth Challenges
Jan 16Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 15Dover Corporation's (NYSE:DOV) Business Is Trailing The Market But Its Shares Aren't
Dec 21Dover (NYSE:DOV) Is Looking To Continue Growing Its Returns On Capital
Nov 20Dover Corporation: Government's Push For Greener Environment Serves As Catalyst
Nov 08Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.51
Nov 06Is There An Opportunity With Dover Corporation's (NYSE:DOV) 38% Undervaluation?
Oct 18At US$138, Is It Time To Put Dover Corporation (NYSE:DOV) On Your Watch List?
Oct 06Dover: Too Expensive Despite Potential Growth Prospects
Oct 05Dover (NYSE:DOV) Is Paying Out A Larger Dividend Than Last Year
Aug 28Is Dover (NYSE:DOV) Using Too Much Debt?
Aug 20Dover (NYSE:DOV) Is Increasing Its Dividend To $0.51
Aug 07We Like These Underlying Return On Capital Trends At Dover (NYSE:DOV)
Aug 01Dover Corp.: Bullish On The Stock, But Cautious Post Q2
Jul 26Is It Time To Consider Buying Dover Corporation (NYSE:DOV)?
Jul 07Dover Corporation (NYSE:DOV) Shares Could Be 26% Below Their Intrinsic Value Estimate
May 24Dover (NYSE:DOV) Will Pay A Dividend Of $0.505
May 11Does Dover (NYSE:DOV) Have A Healthy Balance Sheet?
May 05Is Now The Time To Look At Buying Dover Corporation (NYSE:DOV)?
Apr 01Dover's (NYSE:DOV) Dividend Will Be $0.505
Feb 16Dover declares $0.505 dividend
Feb 10A Look At The Fair Value Of Dover Corporation (NYSE:DOV)
Feb 09Dover Q4 2022 Earnings Preview
Jan 30Financial Position Analysis
Short Term Liabilities: DOV's short term assets ($3.9B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: DOV's short term assets ($3.9B) exceed its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: DOV's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: DOV's debt to equity ratio has reduced from 115.9% to 76.5% over the past 5 years.
Debt Coverage: DOV's debt is well covered by operating cash flow (32%).
Interest Coverage: DOV's interest payments on its debt are well covered by EBIT (12x coverage).