Dover Balance Sheet Health
Financial Health criteria checks 4/6
Dover has a total shareholder equity of $5.1B and total debt of $3.5B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are $11.3B and $6.2B respectively. Dover's EBIT is $1.4B making its interest coverage ratio 12. It has cash and short-term investments of $398.6M.
Key information
67.8%
Debt to equity ratio
US$3.46b
Debt
| Interest coverage ratio | 12x |
| Cash | US$398.56m |
| Equity | US$5.11b |
| Total liabilities | US$6.24b |
| Total assets | US$11.35b |
Recent financial health updates
Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 15
Is Dover (NYSE:DOV) Using Too Much Debt?
Aug 20Does Dover (NYSE:DOV) Have A Healthy Balance Sheet?
May 05Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 26Recent updates
Dover 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 30Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 26Dover Corporation: Acquisitions, Relatively Undervalued Multiples Keep You Hooked
Jan 04Pole/Zero secures $53M plus contract by DoD
Dec 22Dover acquires precision gear pumps manufacturer
Dec 15Does Dover (NYSE:DOV) Deserve A Spot On Your Watchlist?
Dec 07Dover's (NYSE:DOV) Dividend Will Be $0.505
Nov 17An Intrinsic Calculation For Dover Corporation (NYSE:DOV) Suggests It's 40% Undervalued
Nov 04Dover declares $0.505 dividend
Nov 03A Sharp Swing In Sentiment At Dover Looks Like A Long-Term Opportunity
Oct 27Dover Non-GAAP EPS of $2.26 beats by $0.07, revenue of $2.16B beats by $10M
Oct 20Financial Position Analysis
Short Term Liabilities: DOV's short term assets ($3.4B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: DOV's short term assets ($3.4B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: DOV's net debt to equity ratio (60%) is considered high.
Reducing Debt: DOV's debt to equity ratio has reduced from 114.3% to 67.8% over the past 5 years.
Debt Coverage: DOV's debt is well covered by operating cash flow (38.6%).
Interest Coverage: DOV's interest payments on its debt are well covered by EBIT (12x coverage).