Daseke Financial Health
How is Daseke's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DSKE's short term assets ($378.2M) exceed its short term liabilities ($243.8M).
Long Term Liabilities: DSKE's short term assets ($378.2M) do not cover its long term liabilities ($758.6M).
Debt to Equity History and Analysis
Debt Level: DSKE's net debt to equity ratio (249.9%) is considered high.
Reducing Debt: DSKE's debt to equity ratio has increased from 175.8% to 329.4% over the past 5 years.
Debt Coverage: DSKE's debt is well covered by operating cash flow (21.6%).
Interest Coverage: DSKE's interest payments on its debt are not well covered by EBIT (2.9x coverage).