DIRTT Environmental Solutions Balance Sheet Health
Financial Health criteria checks 3/6
DIRTT Environmental Solutions has a total shareholder equity of $7.1M and total debt of $55.6M, which brings its debt-to-equity ratio to 783.3%. Its total assets and total liabilities are $124.3M and $117.2M respectively.
Key information
783.3%
Debt to equity ratio
US$55.62m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.74m |
| Equity | US$7.10m |
| Total liabilities | US$117.22m |
| Total assets | US$124.32m |
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 11Is DIRTT Environmental Solutions (TSE:DRT) Using Debt In A Risky Way?
Mar 01Recent updates
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 01What Type Of Returns Would DIRTT Environmental Solutions'(TSE:DRT) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 08
Could The DIRTT Environmental Solutions Ltd. (TSE:DRT) Ownership Structure Tell Us Something Useful?
Dec 28Trade Alert: Shaun Noll At DIRTT Environmental Solutions Ltd. (TSE:DRT), Has Just Spent US$83k Buying 11% More Shares
Dec 11Should You Think About Buying DIRTT Environmental Solutions Ltd. (TSE:DRT) Now?
Nov 29Financial Position Analysis
Short Term Liabilities: DRT's short term assets ($63.5M) exceed its short term liabilities ($33.7M).
Long Term Liabilities: DRT's short term assets ($63.5M) do not cover its long term liabilities ($83.5M).
Debt to Equity History and Analysis
Debt Level: DRT's net debt to equity ratio (434.9%) is considered high.
Reducing Debt: DRT's debt to equity ratio has increased from 4.6% to 783.3% 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, even with free cash flow being positive and shrinking by 24.4% per year.