DAVIDsTEA Balance Sheet Health

Financial Health criteria checks 6/6

DAVIDsTEA has a total shareholder equity of CA$17.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$35.7M and CA$18.2M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$6.71m
Equity	CA$17.46m
Total liabilities	CA$18.24m
Total assets	CA$35.70m

Recent financial health updates

DAVIDsTEA (NASDAQ:DTEA) Is In A Good Position To Deliver On Growth Plans

Aug 11

Recent updates

DavidsTea: The Restructuring Procedure Is About To Spit Out A Debt-Free Tea Merchant With Significant Profit Potential

Jun 13

DavidsTea stock surges on restructuring hopes

May 05

DAVIDs TEA reports Q4 results

Apr 30

DAVIDsTEA skyrockets on high-volume move

Feb 04

Can You Imagine How Jubilant DAVIDsTEA's (NASDAQ:DTEA) Shareholders Feel About Its 182% Share Price Gain?

Feb 02

DavidsTea: Rally Likely To Continue With Major Catalysts Ahead - Buy On Setbacks

Dec 17

DAVIDs TEA reports Q3 results

Dec 15

What Does DAVIDsTEA's (NASDAQ:DTEA) CEO Pay Reveal?

Dec 01

Financial Position Analysis

Short Term Liabilities: DTEA.F's short term assets (CA$28.6M) exceed its short term liabilities (CA$13.1M).

Long Term Liabilities: DTEA.F's short term assets (CA$28.6M) exceed its long term liabilities (CA$5.2M).

Debt to Equity History and Analysis

Debt Level: DTEA.F is debt free.

Reducing Debt: DTEA.F had no debt 5 years ago.

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: DTEA.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: DTEA.F has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 1.8% each year.

DAVIDsTEA Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

DAVIDsTEA Receives Letter from the Nasdaq Stock Market LLC Regarding Minimum Bid Price Requirement

DAVIDsTEA (NASDAQ:DTEA) Is In A Good Position To Deliver On Growth Plans

DAVIDsTEA Inc. Receives Non Compliance Notice Form Nasdaq For Listing Rule 5810(c)(3)(A)

Recent updates

DAVIDsTEA Inc. Appoints Damon Sloane as Chief Digital Officer

DAVIDsTEA Inc. to Report Q4, 2023 Results on Apr 28, 2023

DAVIDsTEA Inc. Provides Sales Guidance for the Fourth Quarter and Full Year Ended January 28, 2023

Third quarter 2023 earnings released: CA$0.18 loss per share (vs CA$0.071 loss in 3Q 2022)

DAVIDsTEA Receives Letter from the Nasdaq Stock Market LLC Regarding Minimum Bid Price Requirement

DAVIDsTEA Inc. Introduces New Fully Compostable, Individually Wrapped Tea Sachet Format

DAVIDsTEA launches accelerated wholesale strategy

Chairman of the Board exercised options and sold US$119m worth of stock

Second quarter 2023 earnings released: CA$0.18 loss per share (vs CA$2.87 profit in 2Q 2022)

DAVIDs TEA Non-GAAP EPS of -C$0.13, revenue of C$15.23M

DavidsTea: A Stock Completely Written Off By The Market - Who Begs To Differ?

DavidsTea: Key Metrics Continue To Move In The Wrong Direction - Sell

President exercised options to buy US$530k worth of stock.

First quarter 2023 earnings released: CA$0.075 loss per share (vs CA$0.12 profit in 1Q 2022)

DAVIDsTEA Inc. Launches New Innovation with Cold Brew Iced Tea Ready in A Flash

DAVIDsTEA Inc. Launches New Give-Back Tea in Partnership with Tea Horse

Full year 2022 earnings: EPS and revenues miss analyst expectations

DAVIDsTEA Inc., Annual General Meeting, Jun 15, 2022

Investor sentiment improved over the past week

President exercised options to buy US$1.2m worth of stock.

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment improved over the past week

The New DAVIDsTEA: The Worst Is Behind Us And A New Era Begins

Second quarter 2022 earnings released: EPS CA$2.87 (vs CA$0.10 in 2Q 2021)

DAVIDsTEA (NASDAQ:DTEA) Is In A Good Position To Deliver On Growth Plans

Value Investors Should Consider DavidsTea Right Now

CFO, COO & Corporate Secretary exercised options to buy US$114k worth of stock.

First quarter 2022 earnings released: EPS CA$0.001 (vs CA$1.76 loss in 1Q 2021)

DavidsTea: The Restructuring Procedure Is About To Spit Out A Debt-Free Tea Merchant With Significant Profit Potential

DavidsTea stock surges on restructuring hopes

Full year 2021 earnings released: CA$2.14 loss per share (vs CA$1.20 loss in FY 2020)

DAVIDs TEA reports Q4 results

DAVIDsTEA skyrockets on high-volume move

Can You Imagine How Jubilant DAVIDsTEA's (NASDAQ:DTEA) Shareholders Feel About Its 182% Share Price Gain?

New 90-day high: US$3.35

DavidsTea: Rally Likely To Continue With Major Catalysts Ahead - Buy On Setbacks

DAVIDsTEA Inc. Announces Executive Changes

Third quarter 2021 earnings released: EPS CA$0.55

New 90-day high: US$2.00

DAVIDs TEA reports Q3 results

DAVIDsTEA Inc. to Report Q3, 2021 Results on Dec 15, 2020

What Does DAVIDsTEA's (NASDAQ:DTEA) CEO Pay Reveal?

New 90-day high: US$1.33

New 90-day high: US$1.25

DAVIDsTEA Inc. to Report Q2, 2021 Results on Sep 21, 2020

DAVIDsTEA Inc. Receives Non Compliance Notice Form Nasdaq For Listing Rule 5810(c)(3)(A)

DAVIDsTEA Inc. Takes Steps to Optimize Store Network

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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