Dividend 15 Split Balance Sheet Health
Financial Health criteria checks 3/6
Dividend 15 Split has a total shareholder equity of CA$554.6M and total debt of CA$1.2B, which brings its debt-to-equity ratio to 215.3%. Its total assets and total liabilities are CA$1.8B and CA$1.2B respectively.
Key information
215.3%
Debt to equity ratio
CA$1.19b
Debt
Interest coverage ratio | n/a |
Cash | CA$1.79b |
Equity | CA$554.58m |
Total liabilities | CA$1.24b |
Total assets | CA$1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVSP.F's short term assets (CA$1.8B) exceed its short term liabilities (CA$1.2B).
Long Term Liabilities: DVSP.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DVSP.F has more cash than its total debt.
Reducing Debt: DVSP.F's debt to equity ratio has increased from 136.9% to 215.3% over the past 5 years.
Debt Coverage: DVSP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DVSP.F's interest payments on its debt are well covered by EBIT.