De La Rue Balance Sheet Health
Financial Health criteria checks 3/6
De La Rue has a total shareholder equity of £4.2M and total debt of £115.5M, which brings its debt-to-equity ratio to 2750%. Its total assets and total liabilities are £292.0M and £287.8M respectively. De La Rue's EBIT is £24.7M making its interest coverage ratio 1.3. It has cash and short-term investments of £33.7M.
Key information
2,750.0%
Debt to equity ratio
UK£115.50m
Debt
Interest coverage ratio | 1.3x |
Cash | UK£33.70m |
Equity | UK£4.20m |
Total liabilities | UK£287.80m |
Total assets | UK£292.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLUE.Y's short term assets (£147.6M) exceed its short term liabilities (£98.8M).
Long Term Liabilities: DLUE.Y's short term assets (£147.6M) do not cover its long term liabilities (£189.0M).
Debt to Equity History and Analysis
Debt Level: DLUE.Y's net debt to equity ratio (1947.6%) is considered high.
Reducing Debt: DLUE.Y had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DLUE.Y's debt is well covered by operating cash flow (36.4%).
Interest Coverage: DLUE.Y's interest payments on its debt are not well covered by EBIT (1.3x coverage).