Dorel Industries Balance Sheet Health
Financial Health criteria checks 4/6
Dorel Industries has a total shareholder equity of $224.7M and total debt of $243.0M, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are $1.0B and $776.2M respectively.
Key information
108.1%
Debt to equity ratio
US$242.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.09m |
| Equity | US$224.70m |
| Total liabilities | US$776.23m |
| Total assets | US$1.00b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DII.A's short term assets ($619.6M) exceed its short term liabilities ($429.6M).
Long Term Liabilities: DII.A's short term assets ($619.6M) exceed its long term liabilities ($346.6M).
Debt to Equity History and Analysis
Debt Level: DII.A's net debt to equity ratio (97.4%) is considered high.
Reducing Debt: DII.A's debt to equity ratio has increased from 84.9% to 108.1% 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 DII.A has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DII.A is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.1% per year.