Dividend Growth Split Balance Sheet Health
Financial Health criteria checks 4/6
Dividend Growth Split has a total shareholder equity of CA$225.7M and total debt of CA$436.2M, which brings its debt-to-equity ratio to 193.3%. Its total assets and total liabilities are CA$669.0M and CA$443.3M respectively. Dividend Growth Split's EBIT is CA$59.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$666.8M.
Key information
193.3%
Debt to equity ratio
CA$436.24m
Debt
Interest coverage ratio | 2.3x |
Cash | CA$666.85m |
Equity | CA$225.71m |
Total liabilities | CA$443.25m |
Total assets | CA$668.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DDWW.F's short term assets (CA$669.0M) exceed its short term liabilities (CA$7.0M).
Long Term Liabilities: DDWW.F's short term assets (CA$669.0M) exceed its long term liabilities (CA$436.2M).
Debt to Equity History and Analysis
Debt Level: DDWW.F has more cash than its total debt.
Reducing Debt: DDWW.F's debt to equity ratio has reduced from 281.3% to 193.3% over the past 5 years.
Debt Coverage: DDWW.F's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: DDWW.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).