Dye & Durham (TSX:DND) Interest Coverage: 1.26 (As of Mar. 2026) — 11% Below Median


TSX:DND Dye & Durham Ltd TSX:DND
69 GF Score
Price C$1.51
GF Value C$9.87
Valuation Possible Value Trap
! 7 Warning Signs
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What is Dye & Durham Interest Coverage?

Dye & Durham TSX:DND +7.86% 69 Interest Coverage is 1.26 as of Mar. 2026, which is 11% below its 10-year median of 1.42. GuruFocus rates TSX:DND with a GF Score™ of 69/100 and a GF Value™ of C$9.87 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,705 Software companies, Dye & Durham ranks worse than 97.95% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Dye & Durham's Operating Income for the three months ended in Mar. 2026 was C$42.1 Mil. Dye & Durham's Interest Expense for the three months ended in Mar. 2026 was C$-33.4 Mil. Dye & Durham's interest coverage for the quarter that ended in Mar. 2026 was 1.26. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dye & Durham Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Dye & Durham's Interest Coverage or its related term are showing as below:

TSX:DND' s Interest Coverage Range Over the Past 10 Years
Min: 0.36   Med: 1.42   Max: 32.69
Current: 0.53


TSX:DND's Interest Coverage is ranked worse than
97.95% of 1705 companies
in the Software industry
Industry Median: 24.78 vs TSX:DND: 0.53

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Dye & Durham  (TSX:DND) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Dye & Durham Interest Coverage Related Terms


Dye & Durham Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dye & Durham's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Dye & Durham Interest Coverage Chart

Dye & Durham Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.35 0.52 0.36 0.76

Dye & Durham Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.00 0.44 0.50 1.26

TSX:DND vs UBER, SHOP, CRM: Interest Coverage Comparison

For the Software - Application subindustry, Dye & Durham's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Dye & Durham Interest Coverage vs Software Industry

For the Software industry and Technology sector, Dye & Durham's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dye & Durham's Interest Coverage falls into.


TSX:DND
69GF Score
Dye & Durham Ltd TSX:DND
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dye & Durham Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dye & Durham's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Dye & Durham's Interest Expense was C$-126.0 Mil. Its Operating Income was C$96.2 Mil. And its Long-Term Debt & Capital Lease Obligation was C$1,245.6 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*96.194/-125.971
=0.76

Dye & Durham's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Dye & Durham's Interest Expense was C$-33.4 Mil. Its Operating Income was C$42.1 Mil. And its Long-Term Debt & Capital Lease Obligation was C$1,153.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*42.088/-33.36
=1.26

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.26 mean?
Dye & Durham (TSX:DND) has a Interest Coverage of 1.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dye & Durham and its competitors. This is 11% below median its historical median of 1.42. Over the past decade, Dye & Durham's Interest Coverage has ranged from 0.36 to 32.69. According to the industry distribution chart, Dye & Durham ranks #1670 out of 1705 companies in the Software industry, placing it in the top 97.9%.
Is Dye & Durham's Interest Coverage too high?
Dye & Durham's current Interest Coverage of 1.26 is 11% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 32.69. The Software industry median Interest Coverage is 24.78. Dye & Durham's value of 1.26 is 94.9% below this industry median. Based on the distribution chart, Dye & Durham ranks #1670 out of 1705 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Dye & Durham has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dye & Durham's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Dye & Durham ranks #1670 out of 1705 companies for Interest Coverage. This places Dye & Durham in the lower half of its industry. The industry median Interest Coverage is 24.78. Dye & Durham's value of 1.26 is 94.9% below this benchmark. Historically, Dye & Durham's own Interest Coverage has ranged from 0.36 to 32.69 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 24.78, Dye & Durham has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,705 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dye & Durham's current Interest Coverage of 1.26 is 94.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dye & Durham and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dye & Durham's current Interest Coverage is 1.26, which is 11% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dye & Durham stock overvalued right now?
Based on GuruFocus' analysis, Dye & Durham (TSX:DND) is currently considered Possible Value Trap. The stock's GF Value™ is C$9.87, compared to a current price of C$1.51 — trading 84.7% below its estimated fair value. The current Interest Coverage is 1.26, which is 11% below median its 10-year median of 1.42 and 94.9% below the Software industry median of 24.78. Dye & Durham's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Dye & Durham (TSX:DND), the current Interest Coverage is 1.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dye & Durham (TSX:DND) Overvalued in 2026?

Based on GuruFocus' analysis, Dye & Durham stock appears to be undervalued. The current stock price of C$1.51 is trading 84.7% below its estimated GF Value™ of C$9.87. GuruFocus considers Dye & Durham to be Possible Value Trap.

Key valuation signals for TSX:DND:

  • Interest Coverage: 1.26 (11% below median its 10-year median of 1.42)
  • GF Value™: C$9.87 vs. price of C$1.51 (84.7% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 94.9% below the Software median (#1670 of 1705)

No single metric tells the full story. See the TSX:DND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dye & Durham Business Description

Other Exchanges DYNDF:USADY7:Germany
Address 25 York Street, Suite 1100, Toronto, ON, CAN, M5J 2V5
Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company provides practice management solutions, empowering legal professionals every day to effortlessly run their practice, also seamlessly delivers vital data insights to legal professionals to support risk management decision-making for corporate and property transactions, and operates digital infrastructure trusted by governments and financial institutions that enables essential payment transactions and supports the home-buying journey. The company has business operations in Canada, which is its key revenue-generating market, the United Kingdom and Ireland, and Australia.
69GF Score

Get the complete analysis for TSX:DND

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.51
Price
C$9.87
GF Value