Drive Shack Balance Sheet Health
Financial Health criteria checks 2/6
Drive Shack has a total shareholder equity of $-59.7M and total debt of $76.3M, which brings its debt-to-equity ratio to -127.8%. Its total assets and total liabilities are $442.4M and $502.1M respectively. Drive Shack's EBIT is $3.5M making its interest coverage ratio 0.2. It has cash and short-term investments of $22.0M.
Key information
-127.8%
Debt to equity ratio
US$76.32m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$21.97m |
| Equity | -US$59.72m |
| Total liabilities | US$502.11m |
| Total assets | US$442.39m |
Recent financial health updates
Is Drive Shack (NYSE:DS) A Risky Investment?
Jul 27
Is Drive Shack (NYSE:DS) Weighed On By Its Debt Load?
Mar 08Does Drive Shack (NYSE:DS) Have A Healthy Balance Sheet?
Nov 04Recent updates
Drive Shack stock slides 50% aftermarket on voluntary delisting from NYSE
Dec 13Contrarian Investors Should Look At Drive Shack's High Risk/High Reward Opportunity
Oct 07Drive Shack GAAP EPS of -$0.12 misses by $0.02, revenue of $86.68M beats by $4.12M
Aug 09Is Drive Shack (NYSE:DS) A Risky Investment?
Jul 27Is Drive Shack (NYSE:DS) Weighed On By Its Debt Load?
Mar 08Putting In Puttery Is Putting Drive Shack Into Profitability
Feb 08Does Drive Shack (NYSE:DS) Have A Healthy Balance Sheet?
Nov 04Drive Shack misses on revenue
May 07Have Insiders Been Buying Drive Shack Inc. (NYSE:DS) Shares?
Feb 21Drive Shack readies stock offering
Jan 29A Look At Drive Shack's (NYSE:DS) Share Price Returns
Jan 15
Drive Shack's Survival Is Still At Risk
Jan 06Drive Shack breaks out on high-volume momentum move
Dec 16Is Drive Shack Inc. (NYSE:DS) Popular Amongst Insiders?
Dec 11Drive Shack Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 04Drive Shack beats on revenue
Nov 04Financial Position Analysis
Short Term Liabilities: DSHK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DSHK 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DSHK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable DSHK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DSHK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.4% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Drive Shack Inc. is covered by 13 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 |
|---|---|
| Ross Smotrich | Barclays |
| Eric Wold | B. Riley Securities, Inc. |
| Peter Saleh | BTIG |