Dorel Industries Balance Sheet Health
Financial Health criteria checks 3/6
Dorel Industries has a total shareholder equity of $120.6M and total debt of $271.6M, which brings its debt-to-equity ratio to 225.3%. Its total assets and total liabilities are $920.7M and $800.1M respectively.
Key information
225.3%
Debt to equity ratio
US$271.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.29m |
| Equity | US$120.56m |
| Total liabilities | US$800.15m |
| Total assets | US$920.70m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DII.B's short term assets ($611.7M) do not cover its short term liabilities ($652.8M).
Long Term Liabilities: DII.B's short term assets ($611.7M) exceed its long term liabilities ($147.4M).
Debt to Equity History and Analysis
Debt Level: DII.B's net debt to equity ratio (202.7%) is considered high.
Reducing Debt: DII.B's debt to equity ratio has increased from 93.9% to 225.3% 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 DII.B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DII.B is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.5% per year.