Daktronics Balance Sheet Health

Financial Health criteria checks 5/6

Daktronics has a total shareholder equity of $236.2M and total debt of $50.0M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are $499.2M and $263.0M respectively. Daktronics's EBIT is $86.0M making its interest coverage ratio 27.3. It has cash and short-term investments of $76.8M.

Key information

21.2%

Debt to equity ratio

US$49.97m

Debt

Interest coverage ratio27.3x
CashUS$76.76m
EquityUS$236.25m
Total liabilitiesUS$262.96m
Total assetsUS$499.21m

Recent financial health updates

These 4 Measures Indicate That Daktronics (NASDAQ:DAKT) Is Using Debt Reasonably Well

Dec 07
These 4 Measures Indicate That Daktronics (NASDAQ:DAKT) Is Using Debt Reasonably Well

We Think Daktronics (NASDAQ:DAKT) Can Stay On Top Of Its Debt

Apr 27
We Think Daktronics (NASDAQ:DAKT) Can Stay On Top Of Its Debt

Recent updates

Tiny But Mighty Daktronics

Feb 26

Daktronics: Choppy Q2 FY24, Free Cash Flow Impressive, Increasing Price Target

Jan 10

Daktronics' (NASDAQ:DAKT) Strong Earnings Are Of Good Quality

Dec 18
Daktronics' (NASDAQ:DAKT) Strong Earnings Are Of Good Quality

These 4 Measures Indicate That Daktronics (NASDAQ:DAKT) Is Using Debt Reasonably Well

Dec 07
These 4 Measures Indicate That Daktronics (NASDAQ:DAKT) Is Using Debt Reasonably Well

We Think Daktronics (NASDAQ:DAKT) Can Stay On Top Of Its Debt

Apr 27
We Think Daktronics (NASDAQ:DAKT) Can Stay On Top Of Its Debt

Daktronics: A Unique Business With Some Upside Potential

Aug 04

Here's What's Concerning About Daktronics' (NASDAQ:DAKT) Returns On Capital

Jun 15
Here's What's Concerning About Daktronics' (NASDAQ:DAKT) Returns On Capital

Daktronics: Industry Leader, Record Backlog Equates To Great Investment Opportunity

Jan 21

Here's Why We Think Daktronics, Inc.'s (NASDAQ:DAKT) CEO Compensation Looks Fair

Aug 26
Here's Why We Think Daktronics, Inc.'s (NASDAQ:DAKT) CEO Compensation Looks Fair

Daktronics EPS in-line, misses on revenue

Jun 09

Daktronics (NASDAQ:DAKT) Has Some Way To Go To Become A Multi-Bagger

May 28
Daktronics (NASDAQ:DAKT) Has Some Way To Go To Become A Multi-Bagger

Daktronics (NASDAQ:DAKT) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Mar 10
Daktronics (NASDAQ:DAKT) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Daktronics, Inc.'s (NASDAQ:DAKT) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Mar 08
Daktronics, Inc.'s (NASDAQ:DAKT) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

What These Trends Mean At Daktronics (NASDAQ:DAKT)

Feb 10
What These Trends Mean At Daktronics (NASDAQ:DAKT)

Need To Know: Daktronics, Inc. (NASDAQ:DAKT) Insiders Have Been Buying Shares

Jan 20
Need To Know: Daktronics, Inc. (NASDAQ:DAKT) Insiders Have Been Buying Shares

What Type Of Returns Would Daktronics'(NASDAQ:DAKT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Dec 30
What Type Of Returns Would Daktronics'(NASDAQ:DAKT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

What Type Of Shareholders Own The Most Number of Daktronics, Inc. (NASDAQ:DAKT) Shares?

Dec 09
What Type Of Shareholders Own The Most Number of Daktronics, Inc. (NASDAQ:DAKT) Shares?

Daktronics EPS beats by $0.04, misses on revenue

Dec 02

How Does Daktronics' (NASDAQ:DAKT) CEO Pay Compare With Company Performance?

Nov 18
How Does Daktronics' (NASDAQ:DAKT) CEO Pay Compare With Company Performance?

Financial Position Analysis

Short Term Liabilities: DAKT's short term assets ($375.5M) exceed its short term liabilities ($170.3M).

Long Term Liabilities: DAKT's short term assets ($375.5M) exceed its long term liabilities ($92.7M).


Debt to Equity History and Analysis

Debt Level: DAKT has more cash than its total debt.

Reducing Debt: DAKT's debt to equity ratio has increased from 0% to 21.2% over the past 5 years.

Debt Coverage: DAKT's debt is well covered by operating cash flow (156.7%).

Interest Coverage: DAKT's interest payments on its debt are well covered by EBIT (27.3x coverage).


Balance Sheet


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