Dorel Industries (Dorel Industries) Debt-to-Equity : 1.75 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Dorel Industries Debt-to-Equity?

Dorel Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $65 Mil. Dorel Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $328 Mil. Dorel Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $225 Mil. Dorel Industries's debt to equity for the quarter that ended in Dec. 2023 was 1.75.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Dorel Industries's Debt-to-Equity or its related term are showing as below:

DIIBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 1 Max: 1.75
Current: 1.75

During the past 13 years, the highest Debt-to-Equity Ratio of Dorel Industries was 1.75. The lowest was 0.43. And the median was 1.00.

DIIBF's Debt-to-Equity is ranked worse than
93.21% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs DIIBF: 1.75

Dorel Industries Debt-to-Equity Historical Data

The historical data trend for Dorel Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dorel Industries Debt-to-Equity Chart

Dorel Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.29

1.24

1.16

1.54

1.75

Dorel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.54	1.61	1.69	1.73	1.75

Competitive Comparison of Dorel Industries's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dorel Industries's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dorel Industries's Debt-to-Equity falls into.

Dorel Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dorel Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(64.699	+	328.256)	/	224.702
	=	1.75

Dorel Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(64.699	+	328.256)	/	224.702
	=	1.75

Dorel Industries (OTCPK:DIIBF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Dorel Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Dorel Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Dorel Industries (Dorel Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (OTCPK:DIIBF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DO4B:Germany DII.B:Canada DII.A:Canada

Address

1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4

Website

https://www.dorel.com

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.