Dollarama Balance Sheet Health
Financial Health criteria checks 4/6
Dollarama has a total shareholder equity of CA$1.2B and total debt of CA$2.3B, which brings its debt-to-equity ratio to 192.1%. Its total assets and total liabilities are CA$6.3B and CA$5.1B respectively. Dollarama's EBIT is CA$1.5B making its interest coverage ratio 10. It has cash and short-term investments of CA$278.1M.
Key information
192.1%
Debt to equity ratio
CA$2.28b
Debt
| Interest coverage ratio | 10x |
| Cash | CA$278.11m |
| Equity | CA$1.19b |
| Total liabilities | CA$5.13b |
| Total assets | CA$6.31b |
Recent financial health updates
Dollarama (TSE:DOL) Has A Pretty Healthy Balance Sheet
Sep 13
Is Dollarama (TSE:DOL) Using Too Much Debt?
Mar 28Is Dollarama (TSE:DOL) A Risky Investment?
Dec 15Is Dollarama (TSE:DOL) Using Too Much Debt?
Apr 30Dollarama (TSE:DOL) Seems To Use Debt Quite Sensibly
Jan 24Recent updates
Many Would Be Envious Of Dollarama's (TSE:DOL) Excellent Returns On Capital
Oct 31Dollarama (TSX:DOL) Q2 Earnings Soar with EPS of $1.02; Strategic Expansion in Latin America Boosts Growth
Sep 17Dollarama (TSE:DOL) Has A Pretty Healthy Balance Sheet
Sep 13Does Dollarama (TSE:DOL) Deserve A Spot On Your Watchlist?
Aug 28Dollarama Inc. (TSE:DOL) Shares Could Be 25% Above Their Intrinsic Value Estimate
Aug 15Shareholders Are Optimistic That Dollarama (TSE:DOL) Will Multiply In Value
Aug 02What You Can Learn From Dollarama Inc.'s (TSE:DOL) P/E
Jul 17Dollarama (TSE:DOL) Knows How To Allocate Capital
Apr 23CA$115 - That's What Analysts Think Dollarama Inc. (TSE:DOL) Is Worth After These Results
Apr 07Is Dollarama (TSE:DOL) Using Too Much Debt?
Mar 28If EPS Growth Is Important To You, Dollarama (TSE:DOL) Presents An Opportunity
Mar 13Returns On Capital At Dollarama (TSE:DOL) Paint A Concerning Picture
Jan 19Investor Optimism Abounds Dollarama Inc. (TSE:DOL) But Growth Is Lacking
Jan 04Dollarama's (TSE:DOL) Earnings Offer More Than Meets The Eye
Dec 20Is Dollarama (TSE:DOL) A Risky Investment?
Dec 15Do Dollarama's (TSE:DOL) Earnings Warrant Your Attention?
Nov 28Calculating The Intrinsic Value Of Dollarama Inc. (TSE:DOL)
Aug 30Here's Why We Think Dollarama (TSE:DOL) Might Deserve Your Attention Today
Aug 15Dollarama (TSE:DOL) Could Be Struggling To Allocate Capital
Jul 08With EPS Growth And More, Dollarama (TSE:DOL) Makes An Interesting Case
May 16Is Dollarama (TSE:DOL) Using Too Much Debt?
Apr 30A Look At The Fair Value Of Dollarama Inc. (TSE:DOL)
Mar 11Does Dollarama (TSE:DOL) Deserve A Spot On Your Watchlist?
Feb 07Dollarama (TSE:DOL) Seems To Use Debt Quite Sensibly
Jan 24The Returns On Capital At Dollarama (TSE:DOL) Don't Inspire Confidence
Dec 28Estimating The Intrinsic Value Of Dollarama Inc. (TSE:DOL)
Dec 08Financial Position Analysis
Short Term Liabilities: DOL's short term assets (CA$1.2B) exceed its short term liabilities (CA$618.7M).
Long Term Liabilities: DOL's short term assets (CA$1.2B) do not cover its long term liabilities (CA$4.5B).
Debt to Equity History and Analysis
Debt Level: DOL's net debt to equity ratio (168.6%) is considered high.
Reducing Debt: DOL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DOL's debt is well covered by operating cash flow (68.2%).
Interest Coverage: DOL's interest payments on its debt are well covered by EBIT (10x coverage).