Donegal Group Balance Sheet Health
Financial Health criteria checks 5/6
Donegal Group has a total shareholder equity of $485.1M and total debt of $35.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are $2.3B and $1.8B respectively. Donegal Group's EBIT is $6.6M making its interest coverage ratio 10.7. It has cash and short-term investments of $38.7M.
Key information
7.2%
Debt to equity ratio
US$35.00m
Debt
| Interest coverage ratio | 10.7x |
| Cash | US$38.67m |
| Equity | US$485.09m |
| Total liabilities | US$1.81b |
| Total assets | US$2.29b |
Recent financial health updates
No updates
Recent updates
Donegal Group (NASDAQ:DGIC.A) Has Announced A Dividend Of $0.17
Jul 25
Donegal Group (NASDAQ:DGIC.A) Is Paying Out A Dividend Of $0.17
Apr 25Donegal Group (NASDAQ:DGIC.A) Is Paying Out A Dividend Of $0.165
Jan 15Donegal Group's (NASDAQ:DGIC.A) Dividend Will Be $0.165
Dec 27Donegal Group (NASDAQ:DGIC.A) Has Announced That It Will Be Increasing Its Dividend To US$0.17
Apr 25Here's Why I Think Donegal Group (NASDAQ:DGIC.A) Might Deserve Your Attention Today
May 24Donegal Group Inc. (NASDAQ:DGIC.A) Just Reported And Analysts Have Been Lifting Their Price Targets
Apr 28This Is Why Donegal Group Inc.'s (NASDAQ:DGIC.A) CEO Can Expect A Bump Up In Their Pay Packet
Apr 09The Donegal Group (NASDAQ:DGIC.A) Share Price Is Up 27% And Shareholders Are Holding On
Mar 16Could The Donegal Group Inc. (NASDAQ:DGIC.A) Ownership Structure Tell Us Something Useful?
Feb 24Donegal Group Inc. (NASDAQ:DGIC.A) Passed Our Checks, And It's About To Pay A US$0.15 Dividend
Jan 27
Is Donegal Group Inc. (NASDAQ:DGIC.A) A Smart Choice For Dividend Investors?
Jan 21Improved Earnings Required Before Donegal Group Inc. (NASDAQ:DGIC.A) Shares Find Their Feet
Dec 26What Type Of Returns Would Donegal Group's(NASDAQ:DGIC.A) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 05Financial Position Analysis
Short Term Liabilities: DGIC.A's short term assets ($847.1M) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: DGIC.A's short term assets ($847.1M) exceed its long term liabilities ($46.9M).
Debt to Equity History and Analysis
Debt Level: DGIC.A has more cash than its total debt.
Reducing Debt: DGIC.A's debt to equity ratio has reduced from 9.3% to 7.2% over the past 5 years.
Debt Coverage: DGIC.A's debt is well covered by operating cash flow (81.8%).
Interest Coverage: DGIC.A's interest payments on its debt are well covered by EBIT (10.7x coverage).