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
These 4 Measures Indicate That Dye & Durham (TSE:DND) Is Using Debt Extensively
Dec 14
Is Dye & Durham (TSE:DND) A Risky Investment?
May 24Recent updates
These 4 Measures Indicate That Dye & Durham (TSE:DND) Is Using Debt Extensively
Dec 14Dye & Durham Limited (TSE:DND) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Oct 30Is 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 22:38 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dye & Durham Limited is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Robert Young | Canaccord Genuity |
| Stephanie Price | CIBC Capital Markets |