Is Develop Global financially healthy?
Not really
Develop Global carries heavy debt: it would take 3.7 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA3.7 years
Cash vs. debtA$59M vs. A$158M
Current ratio2.6×Short-term assets for each A$1 of bills due within a year
Interest coverage-0.6×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Develop Global
Data as of Nov 13, 2026.