Davis Commodities Balance Sheet Health
Financial Health criteria checks 4/6
Davis Commodities has a total shareholder equity of $11.6M and total debt of $1.5M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are $28.7M and $17.1M respectively. Davis Commodities's EBIT is $84.0K making its interest coverage ratio 0.5. It has cash and short-term investments of $1.4M.
Key information
13.1%
Debt to equity ratio
US$1.52m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$1.37m |
| Equity | US$11.59m |
| Total liabilities | US$17.12m |
| Total assets | US$28.71m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DTCK's short term assets ($22.0M) exceed its short term liabilities ($16.8M).
Long Term Liabilities: DTCK's short term assets ($22.0M) exceed its long term liabilities ($319.0K).
Debt to Equity History and Analysis
Debt Level: DTCK's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DTCK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DTCK's debt is well covered by operating cash flow (130.4%).
Interest Coverage: DTCK's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 09:57 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Davis Commodities Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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