Dye & Durham Balance Sheet Health
Financial Health criteria checks 3/6
Dye & Durham has a total shareholder equity of CA$404.2M and total debt of CA$1.6B, which brings its debt-to-equity ratio to 388%. Its total assets and total liabilities are CA$2.3B and CA$1.9B respectively. Dye & Durham's EBIT is CA$57.0M making its interest coverage ratio 0.4. It has cash and short-term investments of CA$58.4M.
Key information
388.0%
Debt to equity ratio
CA$1.57b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CA$58.43m |
| Equity | CA$404.19m |
| Total liabilities | CA$1.91b |
| Total assets | CA$2.31b |
Recent financial health updates
Recent updates
Dye & Durham Limited (TSE:DND) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Oct 30
Is Dye & Durham Limited (TSE:DND) Trading At A 28% Discount?
Oct 18There Is A Reason Dye & Durham Limited's (TSE:DND) Price Is Undemanding
Jul 03Is Dye & Durham (TSE:DND) A Risky Investment?
May 24The Market Doesn't Like What It Sees From Dye & Durham Limited's (TSE:DND) Revenues Yet
Mar 20Dye & 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$169.3M) do not cover its short term liabilities (CA$531.6M).
Long Term Liabilities: DND's short term assets (CA$169.3M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: DND's net debt to equity ratio (373.6%) 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 29.2% per year.