Dole Balance Sheet Health
Financial Health criteria checks 5/6
Dole has a total shareholder equity of $1.5B and total debt of $909.4M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are $4.5B and $3.0B respectively. Dole's EBIT is $240.7M making its interest coverage ratio 3.9. It has cash and short-term investments of $266.8M.
Key information
59.2%
Debt to equity ratio
US$909.36m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$266.85m |
| Equity | US$1.54b |
| Total liabilities | US$2.98b |
| Total assets | US$4.52b |
Recent financial health updates
No updates
Recent updates
Dole: Strong Fundamentals, Despite The Divestiture Of Progressive Produce
Sep 18Dole Plc Stock: Bullish As Declining Debt Unlock Values
Apr 20Dole: Undervalued As EPS Growth Expected
Feb 07Dole: Fruitful Journey In The Global Market, With Relative Valuation Implying Upside
Nov 25Dole: Is The Market Overlooking The Potential Increase In Margins?
Sep 24Dole Stock: Stable Prospects, Fair Valuation
Sep 05Dole's Dual Focus On Scale And Efficiency Drives Free Cash Flow Growth
Jul 02Dole sells fresh vegetables division for $293M in cash
Jan 31Dole Q3 2022 Earnings Preview
Nov 16Dole: Poised For A Major Rebound
Oct 07Dole Plc Faces Numerous Headwinds As Consumers Substitute
Sep 24Returns On Capital Signal Tricky Times Ahead For Dole (NYSE:DOLE)
Sep 22
Dole declares goes ex-dividend tomorrow
Sep 14Dole Non-GAAP EPS of $0.44 beats by $0.08, revenue of $2.36B misses by $20M; lowers FY guidance
Aug 23Dole Plc: Tremendous Potential From Recent Developments
Jul 19Dole Has Lots Of Puts And Takes But Should Be Avoided
May 09Dole: Vertically Integrated And Well-Positioned On Logistics Backdrop
Feb 14Financial Position Analysis
Short Term Liabilities: DOLE's short term assets ($2.0B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: DOLE's short term assets ($2.0B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: DOLE's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: DOLE's debt to equity ratio has reduced from 61.2% to 59.2% over the past 5 years.
Debt Coverage: DOLE's debt is well covered by operating cash flow (28.1%).
Interest Coverage: DOLE's interest payments on its debt are well covered by EBIT (3.9x coverage).