DRA Global Balance Sheet Health
Financial Health criteria checks 5/6
DRA Global has a total shareholder equity of A$266.2M and total debt of A$19.8M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are A$540.3M and A$274.1M respectively. DRA Global's EBIT is A$47.5M making its interest coverage ratio 198.6. It has cash and short-term investments of A$185.4M.
Key information
7.4%
Debt to equity ratio
AU$19.82m
Debt
Interest coverage ratio | 198.6x |
Cash | AU$185.40m |
Equity | AU$266.20m |
Total liabilities | AU$274.11m |
Total assets | AU$540.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRA's short term assets (A$363.5M) exceed its short term liabilities (A$244.6M).
Long Term Liabilities: DRA's short term assets (A$363.5M) exceed its long term liabilities (A$29.5M).
Debt to Equity History and Analysis
Debt Level: DRA has more cash than its total debt.
Reducing Debt: DRA's debt to equity ratio has increased from 0% to 7.4% over the past 5 years.
Debt Coverage: DRA's debt is well covered by operating cash flow (381.9%).
Interest Coverage: DRA's interest payments on its debt are well covered by EBIT (198.6x coverage).