Dollarama Balance Sheet Health
Financial Health criteria checks 4/6
Dollarama has a total shareholder equity of CA$380.8M and total debt of CA$2.3B, which brings its debt-to-equity ratio to 594.6%. Its total assets and total liabilities are CA$5.3B and CA$4.9B respectively. Dollarama's EBIT is CA$1.4B making its interest coverage ratio 8.5. It has cash and short-term investments of CA$315.9M.
Key information
594.6%
Debt to equity ratio
CA$2.26b
Debt
Interest coverage ratio | 8.5x |
Cash | CA$315.90m |
Equity | CA$380.85m |
Total liabilities | CA$4.88b |
Total assets | CA$5.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DR3's short term assets (CA$1.3B) exceed its short term liabilities (CA$677.8M).
Long Term Liabilities: DR3's short term assets (CA$1.3B) do not cover its long term liabilities (CA$4.2B).
Debt to Equity History and Analysis
Debt Level: DR3's net debt to equity ratio (511.6%) is considered high.
Reducing Debt: DR3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DR3's debt is well covered by operating cash flow (67.6%).
Interest Coverage: DR3's interest payments on its debt are well covered by EBIT (8.5x coverage).