Dave Balance Sheet Health
Financial Health criteria checks 4/6
Dave has a total shareholder equity of $141.8M and total debt of $75.0M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are $247.2M and $105.4M respectively. Dave's EBIT is $2.3M making its interest coverage ratio 0.4. It has cash and short-term investments of $88.2M.
Key information
52.9%
Debt to equity ratio
US$75.00m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$88.20m |
| Equity | US$141.76m |
| Total liabilities | US$105.41m |
| Total assets | US$247.16m |
Recent financial health updates
Recent updates
Dave: ~$30 Represents A More Sensible Terrain To Own This Fintech Disruptor
Sep 03Dave's (NASDAQ:DAVE) Earnings Are Weaker Than They Seem
Aug 14
Dave Is An Underappreciated Fintech With $10+ Of EPS Potential In 2025
Jul 03Dave: This Former Meme Stock Is Now Profitable And Cheap Until $70
May 13Further Upside For Dave Inc. (NASDAQ:DAVE) Shares Could Introduce Price Risks After 41% Bounce
May 09Dave: This Move Higher Is Not Done
Apr 23Dave Inc. (NASDAQ:DAVE) Soars 43% But It's A Story Of Risk Vs Reward
Mar 07Dave: Ready To Move Higher In 2024
Feb 26Dave: Do Not Short The Blistering Rally Of This Neobank
Feb 12Market Might Still Lack Some Conviction On Dave Inc. (NASDAQ:DAVE) Even After 27% Share Price Boost
Jan 17Dave Inc. (NASDAQ:DAVE) Doing What It Can To Lift Shares
Nov 14Earnings Update: Dave Inc. (NASDAQ:DAVE) Just Reported And Analysts Are Trimming Their Forecasts
Mar 09Dave names new technology chief
Sep 06Dave Grows Member Base As Economic Conditions Tighten
Jul 14Is Dave Stock A Buy, Sell, Or Hold Now? There Are Reasons To Be Skeptical
Mar 29Financial Position Analysis
Short Term Liabilities: DAVE's short term assets ($229.5M) exceed its short term liabilities ($26.5M).
Long Term Liabilities: DAVE's short term assets ($229.5M) exceed its long term liabilities ($78.9M).
Debt to Equity History and Analysis
Debt Level: DAVE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DAVE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DAVE's debt is well covered by operating cash flow (103.2%).
Interest Coverage: DAVE's interest payments on its debt are not well covered by EBIT (0.4x coverage).