Drive Shack Balance Sheet Health
Financial Health criteria checks 1/6
Drive Shack has a total shareholder equity of $-28.2M and total debt of $70.1M, which brings its debt-to-equity ratio to -248.1%. Its total assets and total liabilities are $464.8M and $493.0M respectively.
Key information
-248.1%
Debt to equity ratio
US$70.07m
Debt
Interest coverage ratio | n/a |
Cash | US$18.67m |
Equity | -US$28.24m |
Total liabilities | US$493.00m |
Total assets | US$464.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSHK.O has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DSHK.O has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: DSHK.O has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DSHK.O's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DSHK.O's debt is well covered by operating cash flow (47.7%).
Interest Coverage: Insufficient data to determine if DSHK.O's interest payments on its debt are well covered by EBIT.