Dialight Balance Sheet Health
Financial Health criteria checks 4/6
Dialight has a total shareholder equity of $63.9M and total debt of $27.9M, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are $140.4M and $76.5M respectively.
Key information
43.7%
Debt to equity ratio
US$27.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.50m |
| Equity | US$63.90m |
| Total liabilities | US$76.50m |
| Total assets | US$140.40m |
Recent financial health updates
Is Dialight (LON:DIA) A Risky Investment?
Sep 19
Is Dialight (LON:DIA) Using Too Much Debt?
Aug 30Would Dialight (LON:DIA) Be Better Off With Less Debt?
Jun 06Recent updates
Investors 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 ($93.7M) exceed its short term liabilities ($66.8M).
Long Term Liabilities: DIA's short term assets ($93.7M) exceed its long term liabilities ($9.7M).
Debt to Equity History and Analysis
Debt Level: DIA's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: DIA's debt to equity ratio has increased from 15.8% to 43.7% 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 3 years 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.