Drive Shack Balance Sheet Health
Financial Health criteria checks 1/6
Drive Shack has a total shareholder equity of $-19.4M and total debt of $70.3M, which brings its debt-to-equity ratio to -363.4%. Its total assets and total liabilities are $466.1M and $485.5M respectively.
Key information
-363.4%
Debt to equity ratio
US$70.33m
Debt
Interest coverage ratio | n/a |
Cash | US$13.81m |
Equity | -US$19.35m |
Total liabilities | US$485.47m |
Total assets | US$466.12m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSHK.P has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DSHK.P 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.P has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DSHK.P's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DSHK.P's debt is well covered by operating cash flow (22.4%).
Interest Coverage: Insufficient data to determine if DSHK.P's interest payments on its debt are well covered by EBIT.