Dorel Industries Balance Sheet Health
Financial Health criteria checks 4/6
Dorel Industries has a total shareholder equity of $205.5M and total debt of $256.4M, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are $958.5M and $753.0M respectively.
Key information
124.8%
Debt to equity ratio
US$256.44m
Debt
Interest coverage ratio | n/a |
Cash | US$25.51m |
Equity | US$205.47m |
Total liabilities | US$752.98m |
Total assets | US$958.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DII.B's short term assets ($589.6M) exceed its short term liabilities ($398.4M).
Long Term Liabilities: DII.B's short term assets ($589.6M) exceed its long term liabilities ($354.6M).
Debt to Equity History and Analysis
Debt Level: DII.B's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: DII.B's debt to equity ratio has increased from 91.6% to 124.8% 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 23.4% per year.