Dole Balance Sheet Health
Financial Health criteria checks 4/6
Dole has a total shareholder equity of $1.4B and total debt of $1.0B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are $4.6B and $3.1B respectively. Dole's EBIT is $223.8M making its interest coverage ratio 3.2. It has cash and short-term investments of $288.8M.
Key information
73.6%
Debt to equity ratio
US$1.05b
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$288.78m |
| Equity | US$1.42b |
| Total liabilities | US$3.14b |
| Total assets | US$4.56b |
Recent financial health updates
No updates
Recent updates
Dole 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 14Dole's (NYSE:DOLE) Soft Earnings Are Actually Better Than They Appear
Dec 10Dole Plc: There's Money In The Banana Stock
Nov 22With Dole plc (NYSE:DOLE) It Looks Like You'll Get What You Pay For
Nov 05Dole Stock: More Than 31% Upside Potential With More Investments In The Salads Market
Oct 06How Dole plc (NYSE:DOLE) Stacks up on Growth, Competition and a Possible Risk Factor
Oct 01Dole - Fruits, Veggies, And A Helluva Bargain!
Aug 01Financial Position Analysis
Short Term Liabilities: DOLE's short term assets ($1.9B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: DOLE's short term assets ($1.9B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: DOLE's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: DOLE's debt to equity ratio has increased from 62.1% to 73.6% over the past 5 years.
Debt Coverage: DOLE's debt is well covered by operating cash flow (25.6%).
Interest Coverage: DOLE's interest payments on its debt are well covered by EBIT (3.2x coverage).