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
Is It Smart To Buy Donegal Group Inc. (NASDAQ:DGIC.B) Before It Goes Ex-Dividend?
Oct 26
What Kind Of Shareholders Hold The Majority In Donegal Group Inc.'s (NASDAQ:DGIC.B) Shares?
Oct 09Would Shareholders Who Purchased Donegal Group's (NASDAQ:DGIC.B) Stock Year Be Happy With The Share price Today?
Sep 13What Can We Make Of Donegal Group's (NASDAQ:DGIC.B) CEO Compensation?
Aug 21Donegal Group Inc. (NASDAQ:DGIC.B) Passed Our Checks, And It's About To Pay A US$0.13 Dividend
Jul 26
Donegal Group Inc.'s (NASDAQ:DGIC.B) 4.3% Dividend Yield Looks Pretty Interesting
Jul 17Financial Position Analysis
Short Term Liabilities: DGIC.B's short term assets ($847.1M) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: DGIC.B's short term assets ($847.1M) exceed its long term liabilities ($46.9M).
Debt to Equity History and Analysis
Debt Level: DGIC.B has more cash than its total debt.
Reducing Debt: DGIC.B's debt to equity ratio has reduced from 9.3% to 7.2% over the past 5 years.
Debt Coverage: DGIC.B's debt is well covered by operating cash flow (81.8%).
Interest Coverage: DGIC.B's interest payments on its debt are well covered by EBIT (10.7x coverage).