DIRTT Environmental Solutions Balance Sheet Health
Financial Health criteria checks 5/6
DIRTT Environmental Solutions has a total shareholder equity of $31.5M and total debt of $23.0M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are $109.2M and $77.7M respectively.
Key information
73.08%
Debt to equity ratio
US$23.01m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.13m |
| Equity | US$31.49m |
| Total liabilities | US$77.72m |
| Total assets | US$109.21m |
Recent financial health updates
Health Check: How Prudently Does DIRTT Environmental Solutions (TSE:DRT) Use Debt?
Aug 23
Is DIRTT Environmental Solutions (TSE:DRT) Using Debt Sensibly?
Apr 05Is DIRTT Environmental Solutions (TSE:DRT) Using Debt In A Risky Way?
Dec 11Recent updates
DIRTT Environmental Solutions Ltd. (TSE:DRT) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Oct 12
Tariff Headwinds Will Subside As Operations Improve
Recovery in margins and cash flow is expected as tariff pressures ease, with growth supported by increased leads, innovation, and software-driven recurring revenues.Health Check: How Prudently Does DIRTT Environmental Solutions (TSE:DRT) Use Debt?
Aug 23Is DIRTT Environmental Solutions (TSE:DRT) Using Debt Sensibly?
Apr 05Is DIRTT Environmental Solutions (TSE:DRT) Using Debt In A Risky Way?
Dec 11Is DIRTT Environmental Solutions Ltd. (TSE:DRT) Trading At A 50% Discount?
Aug 17Estimating The Fair Value Of DIRTT Environmental Solutions Ltd. (TSE:DRT)
May 07Is DIRTT Environmental Solutions (TSE:DRT) Using Debt In A Risky Way?
Mar 01Financial Position Analysis
Short Term Liabilities: DRT's short term assets ($61.4M) exceed its short term liabilities ($44.1M).
Long Term Liabilities: DRT's short term assets ($61.4M) exceed its long term liabilities ($33.7M).
Debt to Equity History and Analysis
Debt Level: DRT has more cash than its total debt.
Reducing Debt: DRT's debt to equity ratio has increased from 4.5% to 73.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DRT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DRT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/07 20:52 |
| End of Day Share Price | 2025/11/07 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
DIRTT Environmental Solutions Ltd. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Ocampo | Cormark Securities Inc. |
| Nicholas Boychuk | Cormark Securities Inc. |
| Gregory Palm | Craig-Hallum Capital Group LLC |