Datatec Balance Sheet Health
Financial Health criteria checks 4/6
Datatec has a total shareholder equity of $563.4M and total debt of $666.0M, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are $3.8B and $3.3B respectively. Datatec's EBIT is $145.2M making its interest coverage ratio 2.5. It has cash and short-term investments of $634.3M.
Key information
118.2%
Debt to equity ratio
US$665.98m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$634.34m |
| Equity | US$563.43m |
| Total liabilities | US$3.26b |
| Total assets | US$3.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DTC's short term assets ($3.0B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: DTC's short term assets ($3.0B) exceed its long term liabilities ($340.7M).
Debt to Equity History and Analysis
Debt Level: DTC's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: DTC's debt to equity ratio has increased from 53.3% to 118.2% over the past 5 years.
Debt Coverage: DTC's debt is well covered by operating cash flow (25.7%).
Interest Coverage: DTC's interest payments on its debt are not well covered by EBIT (2.5x coverage).