Donegal Group Balance Sheet Health
Financial Health criteria checks 5/6
Donegal Group has a total shareholder equity of $513.4M and total debt of $35.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are $2.3B and $1.8B respectively. Donegal Group's EBIT is $31.0M making its interest coverage ratio 37.3. It has cash and short-term investments of $44.5M.
Key information
6.8%
Debt to equity ratio
US$35.00m
Debt
| Interest coverage ratio | 37.3x |
| Cash | US$44.46m |
| Equity | US$513.37m |
| Total liabilities | US$1.83b |
| Total assets | US$2.35b |
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 ($888.7M) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: DGIC.B's short term assets ($888.7M) exceed its long term liabilities ($44.7M).
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% to 6.8% over the past 5 years.
Debt Coverage: DGIC.B's debt is well covered by operating cash flow (119.5%).
Interest Coverage: DGIC.B's interest payments on its debt are well covered by EBIT (37.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 10:13 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Donegal Group Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Farnam | Boenning & Scattergood, Inc. |
| Robert Farnam | Janney Montgomery Scott LLC |
| Meyer Shields | Keefe, Bruyette, & Woods |