Dorel Industries Balance Sheet Health
Financial Health criteria checks 3/6
Dorel Industries has a total shareholder equity of $120.6M and total debt of $271.6M, which brings its debt-to-equity ratio to 225.3%. Its total assets and total liabilities are $920.7M and $800.1M respectively.
Key information
225.3%
Debt to equity ratio
US$271.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.29m |
| Equity | US$120.56m |
| Total liabilities | US$800.15m |
| Total assets | US$920.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DO4B's short term assets ($611.7M) do not cover its short term liabilities ($652.8M).
Long Term Liabilities: DO4B's short term assets ($611.7M) exceed its long term liabilities ($147.4M).
Debt to Equity History and Analysis
Debt Level: DO4B's net debt to equity ratio (202.7%) is considered high.
Reducing Debt: DO4B's debt to equity ratio has increased from 93.9% to 225.3% over the past 5 years.
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 DO4B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DO4B is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:03 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/30 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Dorel Industries Inc. is covered by 12 analysts. 2 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 |
|---|---|
| Stephen MacLeod | BMO Capital Markets Equity Research |
| Eric Beder | B. Riley Securities, Inc. |
| Derek Dley | Canaccord Genuity |