Dream Homes & Development Balance Sheet Health
Financial Health criteria checks 0/6
Dream Homes & Development has a total shareholder equity of $633.3K and total debt of $7.8M, which brings its debt-to-equity ratio to 1238%. Its total assets and total liabilities are $10.1M and $9.5M respectively. Dream Homes & Development's EBIT is $68.8K making its interest coverage ratio 0.4. It has cash and short-term investments of $2.7M.
Key information
1,238.0%
Debt to equity ratio
US$7.84m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$2.71m |
| Equity | US$633.27k |
| Total liabilities | US$9.48m |
| Total assets | US$10.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DREM's short term assets ($3.3M) do not cover its short term liabilities ($3.3M).
Long Term Liabilities: DREM's short term assets ($3.3M) do not cover its long term liabilities ($6.2M).
Debt to Equity History and Analysis
Debt Level: DREM's net debt to equity ratio (809.7%) is considered high.
Reducing Debt: DREM's debt to equity ratio has increased from 23% to 1238% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if DREM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DREM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.