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D2L, Inc. (TSE:DTOL)
TSX:DTOL
Canadian Market

D2L (DTOL) Ratios

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D2L Ratios

TSE:DTOL's free cash flow for Q3 2025 was $―. For the 2025 fiscal year, TSE:DTOL's free cash flow was decreased by $ and operating cash flow was $―. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.04 1.25 1.33 1.38 0.77
Quick Ratio
1.04 1.25 1.35 1.38 0.77
Cash Ratio
0.67 0.92 1.00 1.03 0.49
Solvency Ratio
0.22 >-0.01 -0.12 -0.83 -0.14
Operating Cash Flow Ratio
0.16 0.12 0.03 <0.01 0.18
Short-Term Operating Cash Flow Coverage
11.47 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -8.07M$ 19.55M$ 23.89M$ 41.89M$ -201.26M
Leverage Ratios
Debt-to-Assets Ratio
0.05 0.06 0.07 0.01 0.05
Debt-to-Equity Ratio
0.14 0.22 0.24 0.03 -0.02
Debt-to-Capital Ratio
0.12 0.18 0.19 0.03 -0.02
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
2.98 3.47 3.27 2.70 -0.46
Debt Service Coverage Ratio
11.72 -0.08 -18.73 -317.98 -162.93
Interest Coverage Ratio
14.51 -11.47 -28.48 -253.12 7.61
Debt to Market Cap
<0.01 0.00 0.00 0.00 0.00
Interest Debt Per Share
0.23 0.25 0.26 0.06 0.08
Net Debt to EBITDA
-4.03 -352.81 7.53 1.20 1.08
Profitability Margins
Gross Profit Margin
69.25%67.00%64.00%57.91%60.99%
EBIT Margin
8.22%-1.41%-10.23%-64.21%-32.50%
EBITDA Margin
10.48%0.16%-7.71%-61.91%-30.02%
Operating Profit Margin
6.52%-3.90%-12.12%-49.19%1.41%
Pretax Profit Margin
8.10%-1.75%-10.65%-64.40%-32.69%
Net Profit Margin
14.57%-1.94%-10.91%-64.30%-32.84%
Continuous Operations Profit Margin
14.57%-1.94%-10.91%-64.30%-32.84%
Net Income Per EBT
179.99%110.84%102.42%99.83%100.46%
EBT Per EBIT
124.16%44.93%87.95%130.92%-2319.41%
Return on Assets (ROA)
12.53%-1.80%-10.41%-54.49%-48.42%
Return on Equity (ROE)
39.80%-6.23%-33.97%-147.11%22.16%
Return on Capital Employed (ROCE)
14.36%-10.24%-30.74%-110.70%-26.00%
Return on Invested Capital (ROIC)
24.79%-11.18%-30.96%-108.59%-37.60%
Return on Tangible Assets
15.21%-1.91%-10.86%-58.76%-48.61%
Earnings Yield
5.56%-0.89%-5.22%-24.91%-6.03%
Efficiency Ratios
Receivables Turnover
5.18 6.76 8.36 5.81 8.49
Payables Turnover
2.65 1.84 2.59 2.63 2.26
Inventory Turnover
0.00 0.00 -21.24 0.00 49.29M
Fixed Asset Turnover
14.86 10.60 10.87 41.65 21.60
Asset Turnover
0.86 0.93 0.95 0.85 1.47
Working Capital Turnover Ratio
38.68 5.34 4.25 13.69 -6.14
Cash Conversion Cycle
-67.11 -143.90 -114.70 -76.17 -118.29
Days of Sales Outstanding
70.47 54.03 43.67 62.79 42.99
Days of Inventory Outstanding
0.00 0.00 -17.18 0.00 <0.01
Days of Payables Outstanding
137.58 197.93 141.19 138.96 161.27
Operating Cycle
70.47 54.03 26.49 62.79 42.99
Cash Flow Ratios
Operating Cash Flow Per Share
0.45 0.29 0.07 <0.01 0.31
Free Cash Flow Per Share
0.43 0.19 <0.01 -0.02 0.28
CapEx Per Share
0.01 0.11 0.07 0.02 0.03
Free Cash Flow to Operating Cash Flow
0.97 0.63 0.03 -6.09 0.90
Dividend Paid and CapEx Coverage Ratio
36.11 2.73 1.03 0.14 9.89
Capital Expenditure Coverage Ratio
36.11 2.73 1.03 0.14 9.89
Operating Cash Flow Coverage Ratio
2.12 1.23 0.29 0.06 4.03
Operating Cash Flow to Sales Ratio
0.11 0.09 0.02 <0.01 0.13
Free Cash Flow Yield
4.24%2.49%0.03%-0.17%2.16%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
17.97 -112.47 -19.16 -4.01 -16.60
Price-to-Sales (P/S) Ratio
2.61 2.18 2.09 2.58 5.45
Price-to-Book (P/B) Ratio
6.71 7.00 6.51 5.91 -3.68
Price-to-Free Cash Flow (P/FCF) Ratio
23.61 40.11 3.29K -573.45 46.21
Price-to-Operating Cash Flow Ratio
23.04 25.44 93.16 3.49K 41.53
Price-to-Earnings Growth (PEG) Ratio
1.87 1.39 0.22 -0.01 -0.03
Price-to-Fair Value
6.71 7.00 6.51 5.91 -3.68
Enterprise Value Multiple
20.86 995.67 -19.59 -2.97 -17.07
Enterprise Value
470.51M 294.16M 254.38M 279.29M 647.60M
EV to EBITDA
20.87 995.67 -19.59 -2.97 -17.07
EV to Sales
2.19 1.61 1.51 1.84 5.12
EV to Free Cash Flow
19.79 29.62 2.38K -408.49 43.45
EV to Operating Cash Flow
19.24 18.79 67.31 2.49K 39.05
Tangible Book Value Per Share
0.73 0.85 0.88 1.57 -3.55
Shareholders’ Equity Per Share
1.53 1.06 1.02 1.96 -3.54
Tax and Other Ratios
Effective Tax Rate
-0.79 -0.11 -0.02 <0.01 >-0.01
Revenue Per Share
3.92 3.41 3.18 4.48 2.39
Net Income Per Share
0.57 -0.07 -0.35 -2.88 -0.78
Tax Burden
1.80 1.11 1.02 1.00 1.00
Interest Burden
0.99 1.24 1.04 1.00 1.01
Research & Development to Revenue
0.21 0.26 0.26 0.31 0.24
SG&A to Revenue
0.15 0.15 0.15 0.33 0.10
Stock-Based Compensation to Revenue
0.05 0.05 0.05 0.45 <0.01
Income Quality
0.78 -4.42 -0.21 >-0.01 -0.40
Currency in USD