Dave Balance Sheet Health
Financial Health criteria checks 4/6
Dave has a total shareholder equity of $155.8M and total debt of $75.0M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are $272.2M and $116.4M respectively. Dave's EBIT is $15.4M making its interest coverage ratio 3. It has cash and short-term investments of $75.2M.
Key information
48.1%
Debt to equity ratio
US$75.00m
Debt
| Interest coverage ratio | 3x |
| Cash | US$75.15m |
| Equity | US$155.82m |
| Total liabilities | US$116.43m |
| Total assets | US$272.24m |
Recent financial health updates
Recent updates
Dave Inc.'s (NASDAQ:DAVE) 86% Share Price Surge Not Quite Adding Up
Nov 20
Dave: A Fintech With Long-Term Growth Potential
Oct 11Dave Inc.'s (NASDAQ:DAVE) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Oct 06A Look At The Intrinsic Value Of Dave Inc. (NASDAQ:DAVE)
Sep 10Dave: ~$30 Represents A More Sensible Terrain To Own This Fintech Disruptor
Sep 03Dave's (NASDAQ:DAVE) Earnings Are Weaker Than They Seem
Aug 14Dave Is An Underappreciated Fintech With $10+ Of EPS Potential In 2025
Jul 03Dave: This Former Meme Stock Is Now Profitable And Cheap Until $70
May 13Further Upside For Dave Inc. (NASDAQ:DAVE) Shares Could Introduce Price Risks After 41% Bounce
May 09Dave: This Move Higher Is Not Done
Apr 23Dave Inc. (NASDAQ:DAVE) Soars 43% But It's A Story Of Risk Vs Reward
Mar 07Dave: Ready To Move Higher In 2024
Feb 26Dave: Do Not Short The Blistering Rally Of This Neobank
Feb 12Market Might Still Lack Some Conviction On Dave Inc. (NASDAQ:DAVE) Even After 27% Share Price Boost
Jan 17Dave Inc. (NASDAQ:DAVE) Doing What It Can To Lift Shares
Nov 14Earnings Update: Dave Inc. (NASDAQ:DAVE) Just Reported And Analysts Are Trimming Their Forecasts
Mar 09Dave names new technology chief
Sep 06Dave Grows Member Base As Economic Conditions Tighten
Jul 14Is Dave Stock A Buy, Sell, Or Hold Now? There Are Reasons To Be Skeptical
Mar 29Financial Position Analysis
Short Term Liabilities: DAVE's short term assets ($254.7M) exceed its short term liabilities ($37.4M).
Long Term Liabilities: DAVE's short term assets ($254.7M) exceed its long term liabilities ($79.0M).
Debt to Equity History and Analysis
Debt Level: DAVE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DAVE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DAVE's debt is well covered by operating cash flow (132.1%).
Interest Coverage: DAVE's interest payments on its debt are not well covered by EBIT (3x coverage).