Daseke Balance Sheet Health
Financial Health criteria checks 3/6
Daseke has a total shareholder equity of $151.4M and total debt of $635.3M, which brings its debt-to-equity ratio to 419.6%. Its total assets and total liabilities are $1.1B and $984.7M respectively. Daseke's EBIT is $43.8M making its interest coverage ratio 0.9. It has cash and short-term investments of $76.6M.
Key information
419.6%
Debt to equity ratio
US$635.30m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$76.60m |
| Equity | US$151.40m |
| Total liabilities | US$984.70m |
| Total assets | US$1.14b |
Recent financial health updates
Does Daseke (NASDAQ:DSKE) Have A Healthy Balance Sheet?
Nov 16
Is Daseke (NASDAQ:DSKE) A Risky Investment?
Aug 05These 4 Measures Indicate That Daseke (NASDAQ:DSKE) Is Using Debt Reasonably Well
May 04Recent updates
When Should You Buy Daseke, Inc. (NASDAQ:DSKE)?
Dec 23Calculating The Intrinsic Value Of Daseke, Inc. (NASDAQ:DSKE)
Sep 23Is Now The Time To Look At Buying Daseke, Inc. (NASDAQ:DSKE)?
Aug 22Investors Will Want Daseke's (NASDAQ:DSKE) Growth In ROCE To Persist
May 24Daseke (NASDAQ:DSKE) Is Experiencing Growth In Returns On Capital
Feb 02Does Daseke (NASDAQ:DSKE) Have A Healthy Balance Sheet?
Nov 16Daseke's (NASDAQ:DSKE) Returns On Capital Are Heading Higher
Oct 03Daseke approves $40M stock repurchase program
Sep 30Daseke CFO Jason Bates steps down
Sep 23Here's Why We Think Daseke (NASDAQ:DSKE) Is Well Worth Watching
Sep 17Is Daseke (NASDAQ:DSKE) A Risky Investment?
Aug 05Daseke Non-GAAP EPS of $0.42, revenue of $481.3M; raises FY22 guidance
Aug 02Daseke: Still Trucking But Different
Jul 20Returns At Daseke (NASDAQ:DSKE) Are On The Way Up
Jun 14With EPS Growth And More, Daseke (NASDAQ:DSKE) Is Interesting
May 25These 4 Measures Indicate That Daseke (NASDAQ:DSKE) Is Using Debt Reasonably Well
May 04Alta Fox Capital - Daseke, Inc.: A Key Beneficiary Of The US Infrastructure Bill
May 03Daseke: Undervalued And Beneficial 2022 Outlook
Mar 30Financial Position Analysis
Short Term Liabilities: DSKE's short term assets ($281.7M) exceed its short term liabilities ($250.6M).
Long Term Liabilities: DSKE's short term assets ($281.7M) do not cover its long term liabilities ($734.1M).
Debt to Equity History and Analysis
Debt Level: DSKE's net debt to equity ratio (369%) is considered high.
Reducing Debt: DSKE's debt to equity ratio has increased from 149.4% to 419.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DSKE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DSKE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13% per year.