Dye & Durham Balance Sheet Health
Financial Health criteria checks 3/6
Dye & Durham has a total shareholder equity of CA$404.2M and total debt of CA$1.6B, which brings its debt-to-equity ratio to 388%. Its total assets and total liabilities are CA$2.3B and CA$1.9B respectively. Dye & Durham's EBIT is CA$57.0M making its interest coverage ratio 0.4. It has cash and short-term investments of CA$58.4M.
Key information
388.0%
Debt to equity ratio
CA$1.57b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CA$58.43m |
| Equity | CA$404.19m |
| Total liabilities | CA$1.91b |
| Total assets | CA$2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DYND.F's short term assets (CA$169.3M) do not cover its short term liabilities (CA$531.6M).
Long Term Liabilities: DYND.F's short term assets (CA$169.3M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: DYND.F's net debt to equity ratio (373.6%) is considered high.
Reducing Debt: DYND.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 DYND.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DYND.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.2% per year.