Dye & Durham Balance Sheet Health
Financial Health criteria checks 4/6
Dye & Durham has a total shareholder equity of CA$389.8M and total debt of CA$1.5B, which brings its debt-to-equity ratio to 396.9%. Its total assets and total liabilities are CA$2.2B and CA$1.9B respectively. Dye & Durham's EBIT is CA$61.6M making its interest coverage ratio 0.4. It has cash and short-term investments of CA$80.3M.
Key information
396.9%
Debt to equity ratio
CA$1.55b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CA$80.32m |
| Equity | CA$389.77m |
| Total liabilities | CA$1.85b |
| Total assets | CA$2.24b |
Recent financial health updates
Recent updates
Is Dye & Durham Limited (TSE:DND) Trading At A 28% Discount?
Oct 18
There 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$190.4M) exceed its short term liabilities (CA$189.8M).
Long Term Liabilities: DND's short term assets (CA$190.4M) do not cover its long term liabilities (CA$1.7B).
Debt to Equity History and Analysis
Debt Level: DND's net debt to equity ratio (376.3%) 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 31% per year.