Datatec Balance Sheet Health
Financial Health criteria checks 3/6
Datatec has a total shareholder equity of $539.2M and total debt of $652.1M, which brings its debt-to-equity ratio to 120.9%. Its total assets and total liabilities are $3.7B and $3.2B respectively. Datatec's EBIT is $61.1M making its interest coverage ratio 1.3. It has cash and short-term investments of $561.0M.
Key information
120.9%
Debt to equity ratio
US$652.08m
Debt
Interest coverage ratio | 1.3x |
Cash | US$561.03m |
Equity | US$539.24m |
Total liabilities | US$3.19b |
Total assets | US$3.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DTC's short term assets ($3.1B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: DTC's short term assets ($3.1B) exceed its long term liabilities ($240.9M).
Debt to Equity History and Analysis
Debt Level: DTC's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: DTC's debt to equity ratio has increased from 63.3% to 120.9% over the past 5 years.
Debt Coverage: DTC's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: DTC's interest payments on its debt are not well covered by EBIT (1.3x coverage).