Dialight Balance Sheet Health
Financial Health criteria checks 4/6
Dialight has a total shareholder equity of $45.7M and total debt of $22.8M, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are $133.1M and $87.4M respectively. Dialight's EBIT is $2.8M making its interest coverage ratio 1.1. It has cash and short-term investments of $7.4M.
Key information
49.9%
Debt to equity ratio
US$22.80m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$7.40m |
| Equity | US$45.70m |
| Total liabilities | US$87.40m |
| Total assets | US$133.10m |
Recent financial health updates
Health Check: How Prudently Does Dialight (LON:DIA) Use Debt?
Nov 27
Is Dialight (LON:DIA) A Risky Investment?
Sep 19Is Dialight (LON:DIA) Using Too Much Debt?
Aug 30Would Dialight (LON:DIA) Be Better Off With Less Debt?
Jun 06Recent updates
Health Check: How Prudently Does Dialight (LON:DIA) Use Debt?
Nov 27Investors Don't See Light At End Of Dialight plc's (LON:DIA) Tunnel And Push Stock Down 32%
Oct 31Dialight plc (LON:DIA) Shares Fly 41% But Investors Aren't Buying For Growth
Sep 12Dialight plc's (LON:DIA) Revenues Are Not Doing Enough For Some Investors
Jul 26Dialight plc's (LON:DIA) Price Is Right But Growth Is Lacking
Feb 01Is Dialight (LON:DIA) A Risky Investment?
Sep 19Dialight (LON:DIA) Will Be Hoping To Turn Its Returns On Capital Around
Apr 06Dialight (LON:DIA) May Have Issues Allocating Its Capital
Oct 20Is Dialight (LON:DIA) Using Too Much Debt?
Aug 30Dialight (LON:DIA) Could Be At Risk Of Shrinking As A Company
May 31An Intrinsic Calculation For Dialight plc (LON:DIA) Suggests It's 45% Undervalued
Apr 06Would Dialight (LON:DIA) Be Better Off With Less Debt?
Jun 06Estimating The Intrinsic Value Of Dialight plc (LON:DIA)
May 07Dialight plc (LON:DIA) Just Reported And Analysts Have Been Lifting Their Price Targets
Apr 02Dialight's (LON:DIA) Stock Price Has Reduced 55% In The Past Five Years
Mar 11Dialight plc's (LON:DIA) Intrinsic Value Is Potentially 30% Above Its Share Price
Jan 18Dialight (LON:DIA) Share Prices Have Dropped 58% In The Last Three Years
Nov 26
Financial Position Analysis
Short Term Liabilities: DIA's short term assets ($85.9M) exceed its short term liabilities ($55.9M).
Long Term Liabilities: DIA's short term assets ($85.9M) exceed its long term liabilities ($31.5M).
Debt to Equity History and Analysis
Debt Level: DIA's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: DIA's debt to equity ratio has increased from 25.1% to 49.9% 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: DIA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DIA has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
Dialight plc is covered by 13 analysts. 1 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 |
|---|---|
| Robert Chantry | Berenberg |
| Jonathan Dorsheimer | Canaccord Genuity |
| Sam Wahab | Cantor Fitzgerald Europe |