Dover Balance Sheet Health
Financial Health criteria checks 4/6
Dover has a total shareholder equity of $5.4B and total debt of $3.2B, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are $11.3B and $5.9B respectively. Dover's EBIT is $1.4B making its interest coverage ratio 12.6. It has cash and short-term investments of $328.8M.
Key information
59.1%
Debt to equity ratio
US$3.17b
Debt
Interest coverage ratio | 12.6x |
Cash | US$328.75m |
Equity | US$5.36b |
Total liabilities | US$5.93b |
Total assets | US$11.29b |
Recent financial health updates
Is Dover (NYSE:DOV) A Risky Investment?
Aug 20Is 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
Is Dover (NYSE:DOV) A Risky Investment?
Aug 20Earnings Beat: Dover Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Some 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 10Financial Position Analysis
Short Term Liabilities: DOV's short term assets ($3.3B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: DOV's short term assets ($3.3B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: DOV's net debt to equity ratio (53%) is considered high.
Reducing Debt: DOV's debt to equity ratio has reduced from 111.8% to 59.1% over the past 5 years.
Debt Coverage: DOV's debt is well covered by operating cash flow (40%).
Interest Coverage: DOV's interest payments on its debt are well covered by EBIT (12.6x coverage).