D2L Balance Sheet Health
Financial Health criteria checks 6/6
D2L has a total shareholder equity of $56.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $197.1M and $140.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$116.94m |
| Equity | US$56.88m |
| Total liabilities | US$140.24m |
| Total assets | US$197.12m |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In D2L Inc. (TSE:DTOL) As Shares Slide 26%
Apr 26
There's Reason For Concern Over D2L Inc.'s (TSE:DTOL) Massive 45% Price Jump
Dec 08D2L Inc. (TSE:DTOL) Just Reported Earnings, And Analysts Cut Their Target Price
Sep 10We're Interested To See How D2L (TSE:DTOL) Uses Its Cash Hoard To Grow
Apr 30Financial Position Analysis
Short Term Liabilities: DTOL's short term assets ($159.8M) exceed its short term liabilities ($127.6M).
Long Term Liabilities: DTOL's short term assets ($159.8M) exceed its long term liabilities ($12.6M).
Debt to Equity History and Analysis
Debt Level: DTOL is debt free.
Reducing Debt: DTOL had no debt 5 years ago.
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 DTOL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DTOL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.8% per year.