DIRTT Financial Statements From 2010 to 2024

DRT Stock  CAD 0.66  0.01  1.49%   
DIRTT Environmental financial statements provide useful quarterly and yearly information to potential DIRTT Environmental Solutions investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DIRTT Environmental financial statements helps investors assess DIRTT Environmental's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DIRTT Environmental's valuation are summarized below:
Gross Profit
28.2 M
Profit Margin
(0.08)
Market Capitalization
128.3 M
Enterprise Value Revenue
1.2139
Revenue
181.9 M
We have found one hundred twenty available fundamental signals for DIRTT Environmental Solutions, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify DIRTT Environmental's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself for few more years. As of the 24th of April 2024, Market Cap is likely to drop to about 35.1 M. In addition to that, Working Capital is likely to drop to about 48.4 M

DIRTT Environmental Total Revenue

207.8 Million

Check DIRTT Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DIRTT main balance sheet or income statement drivers, such as Depreciation And Amortization of 43.6 K, Interest Expense of 5.2 M or Selling General Administrative of 36.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0287 or PTB Ratio of 5.46. DIRTT financial statements analysis is a perfect complement when working with DIRTT Environmental Valuation or Volatility modules.
  
This module can also supplement various DIRTT Environmental Technical models . Check out the analysis of DIRTT Environmental Correlation against competitors.

DIRTT Environmental Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets173.3 M124.3 M147.5 M
Slightly volatile
Short and Long Term Debt Total119.4 M113.7 M40.7 M
Slightly volatile
Other Current Liabilities174.8 K184 K9.8 M
Pretty Stable
Total Current Liabilities36.6 M33.7 M31.3 M
Slightly volatile
Total Stockholder Equity6.7 M7.1 M79.9 M
Slightly volatile
Other Liabilities624.8 K372.6 K656.6 K
Pretty Stable
Net Tangible Assets11.6 M12.2 M79.5 M
Pretty Stable
Property Plant And Equipment Net57.5 M54.9 M47.8 M
Slightly volatile
Current Deferred Revenue3.8 M4.4 M5.3 M
Slightly volatile
Accounts Payable8.7 M12.4 M9.8 M
Pretty Stable
Cash36.9 M24.7 M42.8 M
Very volatile
Non Current Assets Total75.9 M60.8 M64.1 M
Slightly volatile
Non Currrent Assets OtherM3.5 M2.3 M
Slightly volatile
Long Term Debt58 M55.3 M22.7 M
Slightly volatile
Cash And Short Term Investments9.3 M9.7 M39.9 M
Pretty Stable
Net Receivables17.7 M15.8 M20.6 M
Pretty Stable
Common Stock Total Equity163.2 M207.7 M151.1 M
Slightly volatile
Common Stock Shares Outstanding91.4 M120 M74.9 M
Slightly volatile
Liabilities And Stockholders Equity176.9 M165.2 M150.5 M
Slightly volatile
Non Current Liabilities Total87.6 M83.5 M33.4 M
Slightly volatile
Inventory18.4 M16.6 M15.6 M
Slightly volatile
Other Current Assets3.2 MM2.6 M
Slightly volatile
Other Stockholder Equity8.9 M10.4 M8.1 M
Slightly volatile
Total Liabilities73.4 M117.2 M61.4 M
Slightly volatile
Deferred Long Term Liabilities4.3 M2.5 M2.8 M
Pretty Stable
Property Plant And Equipment Gross90.9 M170 M72.3 M
Slightly volatile
Short and Long Term Debt799 K841 K6.5 M
Slightly volatile
Total Current Assets70.8 M63.5 M81.6 M
Pretty Stable
Short Term Debt5.4 M10.6 M4.8 M
Slightly volatile
Intangible Assets2.3 M2.5 M9.4 M
Slightly volatile
Common Stock171.6 M220 M153.2 M
Slightly volatile
Property Plant Equipment60.9 M82.8 M52.5 M
Slightly volatile
Short Term Investments37.3 M33.2 M45.8 M
Slightly volatile
Long Term Debt Total81.3 M77.4 M25.5 M
Slightly volatile
Capital Surpluse10.2 M15.2 M9.5 M
Slightly volatile
Net Invested Capital91.9 M63.2 M126.9 M
Slightly volatile
Net Working Capital42.1 M29.8 M56.9 M
Slightly volatile
Capital Stock197.3 M196.1 M162.7 M
Slightly volatile
Cash And Equivalents56.9 M69.4 M54.7 M
Slightly volatile
Capital Lease Obligations35.3 M33.5 M25.9 M
Slightly volatile

DIRTT Environmental Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization43.6 K45.9 K6.8 M
Slightly volatile
Interest Expense5.2 M4.9 M2.7 M
Very volatile
Selling General Administrative36.2 M49.2 M46.2 M
Pretty Stable
Total Revenue207.8 M181.9 M178.6 M
Slightly volatile
Gross Profit53.5 M59.5 M62.6 M
Very volatile
Other Operating Expenses214.1 M241.5 M187.1 M
Slightly volatile
Cost Of Revenue134.3 M122.4 M114.7 M
Slightly volatile
Total Operating Expenses195.9 M186.5 M84.6 M
Slightly volatile
Selling And Marketing Expenses29.1 M24.3 M41.9 M
Slightly volatile
Interest Income465.5 K490 K1.3 M
Pretty Stable
Research Development5.8 M5.8 M7.8 M
Slightly volatile
Reconciled Depreciation10.4 M8.9 M13.4 M
Slightly volatile

DIRTT Environmental Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation2.4 M3.3 M1.8 M
Slightly volatile
Begin Period Cash Flow9.9 M10.4 M34.8 M
Slightly volatile
Depreciation12.9 M10.1 M11 M
Slightly volatile
Capital Expenditures3.2 M3.4 M11.9 M
Very volatile
End Period Cash Flow37.2 M22.5 M43.1 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.190.20291.1061
Pretty Stable
Dividend Yield0.02870.03230.0352
Slightly volatile
PTB Ratio5.465.19732.7405
Slightly volatile
Days Sales Outstanding47.132.643843.5057
Pretty Stable
Book Value Per Share0.06610.06961.1921
Slightly volatile
Invested Capital13.2412.61292.3226
Slightly volatile
Average Payables11 M12 M11.9 M
Slightly volatile
Stock Based Compensation To Revenue0.00940.01270.0098
Slightly volatile
PB Ratio5.465.19732.7405
Slightly volatile
EV To Sales0.530.55911.0865
Very volatile
Inventory Turnover5.857.38317.2746
Slightly volatile
Days Of Inventory On Hand40.3449.437549.2661
Very volatile
Payables Turnover10.949.887613.3998
Pretty Stable
Sales General And Administrative To Revenue0.110.13170.0931
Slightly volatile
Average Inventory12.9 M16.3 M15.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.03120.0320.03
Slightly volatile
Cash Per Share0.230.24260.6124
Slightly volatile
Days Payables Outstanding36.436.914832.2189
Pretty Stable
Net Current Asset Value41.4 M50.9 M46.7 M
Slightly volatile
Tangible Asset Value74.7 M101.4 M91 M
Slightly volatile
Intangibles To Total Assets0.01870.01970.0751
Slightly volatile
Current Ratio3.01.88232.7338
Pretty Stable
Tangible Book Value Per Share0.04330.04561.026
Slightly volatile
Receivables Turnover7.111.18138.6144
Pretty Stable
Graham Number0.450.47332.1545
Slightly volatile
Shareholders Equity Per Share0.06610.06961.1921
Slightly volatile
Debt To Equity13.2412.61292.3226
Slightly volatile
Average Receivables19.9 M31 M25.6 M
Slightly volatile
Revenue Per Share2.631.78392.5994
Slightly volatile
Interest Debt Per Share0.970.92650.5265
Slightly volatile
Debt To Assets0.760.72040.2655
Slightly volatile
Operating Cycle10382.081393.7798
Very volatile
Price Book Value Ratio5.465.19732.7405
Slightly volatile
Days Of Payables Outstanding36.436.914832.2189
Pretty Stable
Ebt Per Ebit1.570.86091.8682
Slightly volatile
Company Equity Multiplier18.3817.5074.1919
Slightly volatile
Long Term Debt To Capitalization0.970.92160.308
Slightly volatile
Total Debt To Capitalization0.970.92650.3292
Slightly volatile
Debt Equity Ratio13.2412.61292.3226
Slightly volatile
Quick Ratio2.331.21532.1383
Slightly volatile
Net Income Per E B T0.81.02331.0065
Pretty Stable
Cash Ratio0.70.73321.3957
Slightly volatile
Cash Conversion Cycle48.1245.166460.3582
Very volatile
Days Of Inventory Outstanding40.3449.437549.2661
Very volatile
Days Of Sales Outstanding47.132.643843.5057
Pretty Stable
Price To Book Ratio5.465.19732.7405
Slightly volatile
Fixed Asset Turnover4.513.31454.24
Slightly volatile
Debt Ratio0.760.72040.2655
Slightly volatile
Price Sales Ratio0.190.20291.1061
Pretty Stable
Asset Turnover1.341.46341.2402
Pretty Stable
Gross Profit Margin0.390.32730.3562
Slightly volatile
Price Fair Value5.465.19732.7405
Slightly volatile

DIRTT Environmental Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap35.1 M36.9 M166.7 M
Pretty Stable
Working Capital48.4 M56.9 M55.8 M
Slightly volatile
Enterprise Value96.6 M101.7 M189.3 M
Very volatile

DIRTT Fundamental Market Drivers

Forward Price Earnings39.3701

About DIRTT Environmental Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include DIRTT Environmental income statement, its balance sheet, and the statement of cash flows. DIRTT Environmental investors use historical funamental indicators, such as DIRTT Environmental's revenue or net income, to determine how well the company is positioned to perform in the future. Although DIRTT Environmental investors may use each financial statement separately, they are all related. The changes in DIRTT Environmental's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DIRTT Environmental's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on DIRTT Environmental Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DIRTT Environmental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue4.4 M3.8 M
Total Revenue181.9 M207.8 M
Cost Of Revenue122.4 M134.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.11 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 1.78  2.63 
Ebit Per Revenue(0.09)(0.1)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DIRTT Environmental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DIRTT Environmental's short interest history, or implied volatility extrapolated from DIRTT Environmental options trading.

Pair Trading with DIRTT Environmental

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DIRTT Environmental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DIRTT Environmental will appreciate offsetting losses from the drop in the long position's value.

Moving together with DIRTT Stock

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  0.89JPM JPMorgan ChasePairCorr

Moving against DIRTT Stock

  0.78AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to DIRTT Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DIRTT Environmental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DIRTT Environmental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DIRTT Environmental Solutions to buy it.
The correlation of DIRTT Environmental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DIRTT Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DIRTT Environmental moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DIRTT Environmental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of DIRTT Environmental Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Please note, there is a significant difference between DIRTT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if DIRTT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DIRTT Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.