Dewey Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Dewey Electronics has a total shareholder equity of $5.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.7M and $1.5M respectively. Dewey Electronics's EBIT is $319.0K making its interest coverage ratio 293.7. It has cash and short-term investments of $1.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 293.7x |
| Cash | US$1.82m |
| Equity | US$5.21m |
| Total liabilities | US$1.50m |
| Total assets | US$6.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEWY's short term assets ($5.6M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: DEWY's short term assets ($5.6M) exceed its long term liabilities ($180.1K).
Debt to Equity History and Analysis
Debt Level: DEWY is debt free.
Reducing Debt: DEWY has no debt compared to 5 years ago when its debt to equity ratio was 10.8%.
Debt Coverage: DEWY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DEWY has no debt, therefore coverage of interest payments is not a concern.