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.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/01 02:15 |
| End of Day Share Price | 2024/04/01 00:00 |
| Earnings | 2023/12/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daseke, Inc. is covered by 8 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 |
|---|---|
| null null | Buckingham Research Group Inc. |
| null null | Burkenroad Reports |
| Ryan Sigdahl | Craig-Hallum Capital Group LLC |