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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 $0.67. For the 2025 fiscal year, TSE:DTOL's free cash flow was decreased by $ and operating cash flow was $0.07. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.46 1.05 1.25 1.33 1.38
Quick Ratio
1.46 1.05 1.25 1.35 1.38
Cash Ratio
1.13 0.74 0.92 1.00 1.03
Solvency Ratio
0.24 0.20 >-0.01 -0.12 -0.83
Operating Cash Flow Ratio
0.27 0.21 0.12 0.03 <0.01
Short-Term Operating Cash Flow Coverage
17.38 0.00 0.00 0.00 0.00
Net Current Asset Value
$ 49.43M$ -7.13M$ 19.55M$ 23.89M$ 41.89M
Leverage Ratios
Debt-to-Assets Ratio
0.05 0.05 0.06 0.07 0.01
Debt-to-Equity Ratio
0.18 0.13 0.22 0.24 0.03
Debt-to-Capital Ratio
0.15 0.12 0.18 0.19 0.03
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
3.81 2.75 3.47 3.27 2.70
Debt Service Coverage Ratio
11.36 37.43 -0.08 -18.73 -317.98
Interest Coverage Ratio
13.30 7.53 -11.47 -28.48 -253.12
Debt to Market Cap
<0.01 0.00 0.00 0.00 0.00
Interest Debt Per Share
0.30 0.22 0.25 0.26 0.06
Net Debt to EBITDA
-6.25 -6.04 -352.81 7.53 1.20
Profitability Margins
Gross Profit Margin
68.53%68.18%67.00%64.00%57.91%
EBIT Margin
7.36%5.02%-1.41%-10.23%-64.21%
EBITDA Margin
9.44%7.10%0.16%-7.71%-61.91%
Operating Profit Margin
5.44%3.02%-3.90%-12.12%-49.19%
Pretax Profit Margin
8.14%4.62%-1.75%-10.65%-64.40%
Net Profit Margin
13.52%12.53%-1.94%-10.91%-64.30%
Continuous Operations Profit Margin
12.80%12.53%-1.94%-10.91%-64.30%
Net Income Per EBT
166.06%271.14%110.84%102.42%99.83%
EBT Per EBIT
149.66%153.06%44.93%87.95%130.92%
Return on Assets (ROA)
9.57%11.04%-1.80%-10.41%-54.49%
Return on Equity (ROE)
37.53%30.35%-6.23%-33.97%-147.11%
Return on Capital Employed (ROCE)
6.55%6.27%-10.24%-30.74%-110.70%
Return on Invested Capital (ROIC)
6.43%6.20%-11.18%-30.96%-108.59%
Return on Tangible Assets
10.99%13.50%-1.91%-10.86%-58.76%
Earnings Yield
7.29%3.63%-0.89%-5.22%-24.91%
Efficiency Ratios
Receivables Turnover
9.67 7.03 6.76 8.36 5.81
Payables Turnover
1.76 2.14 1.84 2.59 2.63
Inventory Turnover
0.00 0.00 0.00 -21.24 0.00
Fixed Asset Turnover
17.02 14.08 10.60 10.87 41.65
Asset Turnover
0.71 0.88 0.93 0.95 0.85
Working Capital Turnover Ratio
6.91 10.50 5.34 4.25 13.69
Cash Conversion Cycle
-169.96 -118.58 -143.90 -114.70 -76.17
Days of Sales Outstanding
37.75 51.90 54.03 43.67 62.79
Days of Inventory Outstanding
0.00 0.00 0.00 -17.18 0.00
Days of Payables Outstanding
207.70 170.47 197.93 141.19 138.96
Operating Cycle
37.75 51.90 54.03 26.49 62.79
Cash Flow Ratios
Operating Cash Flow Per Share
0.68 0.51 0.29 0.07 <0.01
Free Cash Flow Per Share
0.66 0.50 0.19 <0.01 -0.02
CapEx Per Share
0.02 0.02 0.11 0.07 0.02
Free Cash Flow to Operating Cash Flow
0.97 0.97 0.63 0.03 -6.09
Dividend Paid and CapEx Coverage Ratio
38.07 30.23 2.73 1.03 0.14
Capital Expenditure Coverage Ratio
38.07 30.23 2.73 1.03 0.14
Operating Cash Flow Coverage Ratio
2.40 2.50 1.23 0.29 0.06
Operating Cash Flow to Sales Ratio
0.16 0.14 0.09 0.02 <0.01
Free Cash Flow Yield
8.26%3.81%2.49%0.03%-0.17%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
13.72 27.52 -112.47 -19.16 -4.01
Price-to-Sales (P/S) Ratio
1.85 3.45 2.18 2.09 2.58
Price-to-Book (P/B) Ratio
5.00 8.35 7.00 6.51 5.91
Price-to-Free Cash Flow (P/FCF) Ratio
12.10 26.24 40.11 3.29K -573.45
Price-to-Operating Cash Flow Ratio
11.82 25.37 25.44 93.16 3.49K
Price-to-Earnings Growth (PEG) Ratio
-3.91 -0.03 1.39 0.22 -0.01
Price-to-Fair Value
5.00 8.35 7.00 6.51 5.91
Enterprise Value Multiple
13.33 42.54 995.67 -19.59 -2.97
Enterprise Value
297.10M 619.85M 294.16M 254.38M 279.29M
EV to EBITDA
13.34 42.54 995.67 -19.59 -2.97
EV to Sales
1.26 3.02 1.61 1.51 1.84
EV to Free Cash Flow
8.24 22.98 29.62 2.38K -408.49
EV to Operating Cash Flow
8.02 22.22 18.79 67.31 2.49K
Tangible Book Value Per Share
2.55 0.78 0.85 0.88 1.57
Shareholders’ Equity Per Share
1.60 1.56 1.06 1.02 1.96
Tax and Other Ratios
Effective Tax Rate
-0.67 -1.71 -0.11 -0.02 <0.01
Revenue Per Share
4.30 3.78 3.41 3.18 4.48
Net Income Per Share
0.58 0.47 -0.07 -0.35 -2.88
Tax Burden
1.66 2.71 1.11 1.02 1.00
Interest Burden
1.11 0.92 1.24 1.04 1.00
Research & Development to Revenue
0.20 0.23 0.26 0.26 0.31
SG&A to Revenue
0.13 0.16 0.15 0.15 0.33
Stock-Based Compensation to Revenue
0.04 0.05 0.05 0.05 0.45
Income Quality
1.23 1.08 -4.42 -0.21 >-0.01
Currency in USD