Dye & Durham Balance Sheet Health
Financial Health criteria checks 3/6
Dye & Durham has a total shareholder equity of CA$398.3M and total debt of CA$1.3B, which brings its debt-to-equity ratio to 336.8%. Its total assets and total liabilities are CA$2.1B and CA$1.7B respectively. Dye & Durham's EBIT is CA$69.9M making its interest coverage ratio 0.5. It has cash and short-term investments of CA$34.7M.
Key information
336.8%
Debt to equity ratio
CA$1.34b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CA$34.74m |
| Equity | CA$398.35m |
| Total liabilities | CA$1.67b |
| Total assets | CA$2.07b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Dye & Durham Limited's (TSE:DND) Revenues Yet
Mar 20
Dye & Durham Limited (TSE:DND) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 02Lacklustre Performance Is Driving Dye & Durham Limited's (TSE:DND) 25% Price Drop
Sep 28Is Dye & Durham Limited (TSE:DND) Trading At A 31% Discount?
Jul 12Financial Position Analysis
Short Term Liabilities: DND's short term assets (CA$130.7M) do not cover its short term liabilities (CA$146.1M).
Long Term Liabilities: DND's short term assets (CA$130.7M) do not cover its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: DND's net debt to equity ratio (328%) is considered high.
Reducing Debt: DND had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 DND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DND is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36% per year.