Dorel Historical Balance Sheet

DII-B Stock

CAD 4.43 0.08 1.84%

Trend analysis of Dorel Industries balance sheet accounts such as Other Current Liabilities of 57.5 M or Total Current Liabilities of 436.4 M provides information on Dorel Industries' total assets, liabilities, and equity, which is the actual value of Dorel Industries to its prevalent stockholders. By breaking down trends over time using Dorel Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Dorel Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dorel Industries is a good buy for the upcoming year.

Dorel Industries Inventory

366.82 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Dorel Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Dorel Industries at a specified time, usually calculated after every quarter, six months, or one year. Dorel Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dorel Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dorel currently owns. An asset can also be divided into two categories, current and non-current.

Dorel Industries Balance Sheet Chart

At this time, Dorel Industries' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 362 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 213.5 M in 2024.

Short Long Term Debt Total Cash And Short Term Investments Common Stock Shares Outstanding Total Current Assets Short Term Debt Capital Lease Obligations

Add Fundamental

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Dorel Industries balance sheet. This account contains Dorel Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dorel Industries fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Capital Lease Obligations

Dorel Industries capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Dorel Industries asset purchases. For example, Dorel Industries can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Dorel Industries control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from Dorel Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Dorel Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2021	2022	2023	2024 (projected)
Current Deferred Revenue	123.3M	70.0M	80.5M	44.5M
Other Assets	47.7M	53.2M	61.2M	57.3M

Current Deferred Revenue Other Assets

Dorel Industries balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets	Current Deferred Revenue
Total Assets		0.63	0.22	0.61	0.88	0.56	0.68	0.85	0.79	-0.47	0.9	-0.25	-0.42	0.95	0.67	0.68	0.86	0.1	0.65	0.83	-0.04	0.86	0.22	0.86	0.62	0.4
Short Long Term Debt Total	0.63		0.44	0.75	0.25	0.9	0.99	0.24	0.85	-0.4	0.33	-0.11	-0.36	0.64	0.67	0.66	0.81	0.26	0.77	0.92	0.35	0.81	0.3	0.34	0.76	0.7
Other Current Liab	0.22	0.44		0.45	-0.06	0.21	0.41	-0.04	0.2	0.07	-0.18	-0.15	0.07	0.04	0.31	0.36	0.1	0.97	0.31	0.54	0.33	0.63	-0.1	-0.14	0.04	0.42
Total Current Liabilities	0.61	0.75	0.45		0.29	0.63	0.76	0.27	0.82	-0.3	0.29	-0.16	-0.29	0.64	0.58	0.17	0.74	0.33	0.62	0.83	0.16	0.82	0.75	0.34	0.75	0.29
Total Stockholder Equity	0.88	0.25	-0.06	0.29		0.23	0.31	0.99	0.51	-0.28	0.94	-0.43	-0.22	0.83	0.34	0.5	0.64	-0.12	0.3	0.5	-0.4	0.56	0.1	0.96	0.37	0.16
Property Plant And Equipment Net	0.56	0.9	0.21	0.63	0.23		0.94	0.17	0.83	-0.65	0.34	0.07	-0.64	0.63	0.78	0.61	0.81	0.02	0.89	0.81	0.5	0.67	0.27	0.28	0.8	0.63
Net Debt	0.68	0.99	0.41	0.76	0.31	0.94		0.28	0.89	-0.52	0.39	-0.05	-0.49	0.69	0.77	0.68	0.86	0.23	0.85	0.94	0.41	0.83	0.29	0.37	0.79	0.68
Retained Earnings	0.85	0.24	-0.04	0.27	0.99	0.17	0.28		0.48	-0.18	0.92	-0.51	-0.11	0.81	0.24	0.48	0.61	-0.11	0.21	0.47	-0.5	0.54	0.09	0.98	0.34	0.14
Accounts Payable	0.79	0.85	0.2	0.82	0.51	0.83	0.89	0.48		-0.57	0.58	-0.08	-0.53	0.86	0.74	0.53	0.97	0.02	0.8	0.9	0.17	0.83	0.47	0.57	0.93	0.42
Cash	-0.47	-0.4	0.07	-0.3	-0.28	-0.65	-0.52	-0.18	-0.57		-0.44	-0.49	0.99	-0.51	-0.86	-0.43	-0.59	0.21	-0.84	-0.46	-0.58	-0.38	-0.08	-0.22	-0.57	-0.15
Non Current Assets Total	0.9	0.33	-0.18	0.29	0.94	0.34	0.39	0.92	0.58	-0.44		-0.21	-0.37	0.88	0.46	0.56	0.71	-0.26	0.42	0.52	-0.24	0.54	0.12	0.94	0.45	0.18
Non Currrent Assets Other	-0.25	-0.11	-0.15	-0.16	-0.43	0.07	-0.05	-0.51	-0.08	-0.49	-0.21		-0.51	-0.25	0.29	-0.07	-0.17	-0.13	0.25	-0.16	0.68	-0.24	-0.12	-0.47	-0.06	-0.06
Cash And Short Term Investments	-0.42	-0.36	0.07	-0.29	-0.22	-0.64	-0.49	-0.11	-0.53	0.99	-0.37	-0.51		-0.46	-0.86	-0.37	-0.55	0.2	-0.83	-0.42	-0.61	-0.35	-0.1	-0.15	-0.56	-0.15
Net Receivables	0.95	0.64	0.04	0.64	0.83	0.63	0.69	0.81	0.86	-0.51	0.88	-0.25	-0.46		0.63	0.56	0.91	-0.1	0.63	0.79	-0.11	0.78	0.37	0.86	0.75	0.35
Common Stock Shares Outstanding	0.67	0.67	0.31	0.58	0.34	0.78	0.77	0.24	0.74	-0.86	0.46	0.29	-0.86	0.63		0.6	0.74	0.17	0.96	0.76	0.66	0.73	0.16	0.27	0.65	0.42
Non Current Liabilities Total	0.68	0.66	0.36	0.17	0.5	0.61	0.68	0.48	0.53	-0.43	0.56	-0.07	-0.37	0.56	0.6		0.59	0.24	0.63	0.68	0.29	0.64	-0.42	0.47	0.35	0.7
Inventory	0.86	0.81	0.1	0.74	0.64	0.81	0.86	0.61	0.97	-0.59	0.71	-0.17	-0.55	0.91	0.74	0.59		-0.08	0.79	0.88	0.11	0.8	0.42	0.7	0.89	0.41
Other Current Assets	0.1	0.26	0.97	0.33	-0.12	0.02	0.23	-0.11	0.02	0.21	-0.26	-0.13	0.2	-0.1	0.17	0.24	-0.08		0.15	0.38	0.3	0.5	-0.15	-0.23	-0.14	0.35
Other Stockholder Equity	0.65	0.77	0.31	0.62	0.3	0.89	0.85	0.21	0.8	-0.84	0.42	0.25	-0.83	0.63	0.96	0.63	0.79	0.15		0.81	0.65	0.74	0.19	0.26	0.75	0.46
Total Liab	0.83	0.92	0.54	0.83	0.5	0.81	0.94	0.47	0.9	-0.46	0.52	-0.16	-0.42	0.79	0.76	0.68	0.88	0.38	0.81		0.28	0.96	0.32	0.51	0.75	0.61
Property Plant And Equipment Gross	-0.04	0.35	0.33	0.16	-0.4	0.5	0.41	-0.5	0.17	-0.58	-0.24	0.68	-0.61	-0.11	0.66	0.29	0.11	0.3	0.65	0.28		0.2	-0.13	-0.48	0.13	0.36
Total Current Assets	0.86	0.81	0.63	0.82	0.56	0.67	0.83	0.54	0.83	-0.38	0.54	-0.24	-0.35	0.78	0.73	0.64	0.8	0.5	0.74	0.96	0.2		0.28	0.53	0.66	0.55
Short Term Debt	0.22	0.3	-0.1	0.75	0.1	0.27	0.29	0.09	0.47	-0.08	0.12	-0.12	-0.1	0.37	0.16	-0.42	0.42	-0.15	0.19	0.32	-0.13	0.28		0.2	0.55	-0.15
Intangible Assets	0.86	0.34	-0.14	0.34	0.96	0.28	0.37	0.98	0.57	-0.22	0.94	-0.47	-0.15	0.86	0.27	0.47	0.7	-0.23	0.26	0.51	-0.48	0.53	0.2		0.45	0.17
Other Assets	0.62	0.76	0.04	0.75	0.37	0.8	0.79	0.34	0.93	-0.57	0.45	-0.06	-0.56	0.75	0.65	0.35	0.89	-0.14	0.75	0.75	0.13	0.66	0.55	0.45		0.27
Current Deferred Revenue	0.4	0.7	0.42	0.29	0.16	0.63	0.68	0.14	0.42	-0.15	0.18	-0.06	-0.15	0.35	0.42	0.7	0.41	0.35	0.46	0.61	0.36	0.55	-0.15	0.17	0.27

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Dorel Industries Account Relationship Matchups

Dorel Industries balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.7B	1.9B	1.1B	1.0B	1.5B
Short Long Term Debt Total	690.2M	613.4M	544.4M	431.6M	393.0M	377.2M
Other Current Liab	110.4M	129.6M	457.1M	70.3M	74.7M	57.5M
Total Current Liabilities	701.8M	893.7M	835.0M	375.1M	429.6M	436.4M
Total Stockholder Equity	534.2M	496.2M	469M	281.1M	224.7M	213.5M
Property Plant And Equipment Net	323.4M	298.7M	171.6M	229.8M	213.0M	158.6M
Net Debt	651.0M	575.1M	492.2M	399.2M	368.9M	336.8M
Retained Earnings	394.3M	350.9M	319.3M	58.6M	(3.7M)	(3.5M)
Accounts Payable	447.7M	401.0M	296.8M	251.1M	287.6M	275.5M
Cash	39.1M	38.2M	52.2M	32.4M	24.1M	25.7M
Non Current Assets Total	729.5M	629.5M	323.3M	378.6M	381.4M	724.9M
Non Currrent Assets Other	8.2M	5.4M	4.1M	8.0M	75.2M	78.9M
Cash And Short Term Investments	39.1M	38.2M	52.2M	32.4M	24.1M	26.1M
Net Receivables	399.0M	445.9M	258.5M	193.0M	199.7M	286.8M
Common Stock Shares Outstanding	32.4M	32.5M	33.0M	33.4M	32.5M	34.0M
Liabilities And Stockholders Equity	1.9B	1.7B	1.9B	1.1B	1.0B	1.5B
Non Current Liabilities Total	624.1M	329.3M	547.1M	404.2M	346.6M	362.0M
Inventory	633.6M	534.5M	364.7M	421.5M	363.1M	366.8M
Other Current Assets	58.9M	71.0M	852.4M	34.9M	32.6M	31.0M
Other Stockholder Equity	50.1M	30.1M	32.3M	36.4M	36.0M	34.2M
Total Liab	1.3B	1.2B	1.4B	779.3M	776.2M	798.3M
Property Plant And Equipment Gross	323.4M	298.7M	454.6M	516.8M	529.6M	556.1M
Total Current Assets	1.1B	1.1B	1.5B	681.8M	619.6M	746.2M
Accumulated Other Comprehensive Income	(114.2M)	(117.2M)	(115.1M)	(47.3M)	(13.6M)	(12.9M)
Short Term Debt	131.3M	347.1M	37.8M	51.8M	64.7M	92.6M
Intangible Assets	253.0M	239.7M	81.6M	67.1M	47.8M	45.4M
Other Assets	112.1M	86.4M	47.7M	53.2M	61.2M	57.3M
Current Deferred Revenue	111.9M	128.7M	123.3M	70.0M	80.5M	44.5M
Good Will	84.5M	41.0M	45.5M	45.2M	45.4M	43.1M
Common Stock	203.9M	204.7M	204.7M	205.6M	206.0M	220.5M
Common Stock Total Equity	203.3M	203.3M	203.9M	204.7M	235.4M	221.1M
Other Liab	58.5M	63.0M	40.5M	24.5M	22.0M	20.9M
Net Tangible Assets	255.3M	266.0M	365.1M	185.5M	213.4M	278.0M
Long Term Debt	417.9M	125.8M	433.8M	250.1M	215.3M	240.2M
Deferred Long Term Liab	43.4M	36.3M	23.2M	16.7M	15.0M	26.1M
Short Long Term Debt	83.9M	307.5M	8.3M	18.5M	27.6M	26.3M
Property Plant Equipment	337.9M	312.9M	171.6M	229.8M	264.2M	252.3M
Non Current Liabilities Other	17.1M	12.7M	8.2M	3.6M	2.2M	2.1M
Net Invested Capital	1.0B	929.5M	911.1M	549.8M	467.7M	749.7M

Pair Trading with Dorel Industries

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 Dorel Industries 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 Dorel Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Dorel Stock

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0.84	TSLA	Tesla Inc CDR	Pair Corr
0.72	NVDA	NVIDIA CDR	Pair Corr
0.72	AMZN	Amazon CDR	Pair Corr
0.63	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to Dorel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorel Industries 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 Dorel Industries - 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 Dorel Industries to buy it.

The correlation of Dorel Industries 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 Dorel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorel Industries 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 Dorel Industries 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 Correlation Correlation Matching

Additional Tools for Dorel Stock Analysis

When running Dorel Industries' price analysis, check to measure Dorel Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorel Industries is operating at the current time. Most of Dorel Industries' value examination focuses on studying past and present price action to predict the probability of Dorel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorel Industries' price. Additionally, you may evaluate how the addition of Dorel Industries to your portfolios can decrease your overall portfolio volatility.

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Dorel Historical Balance Sheet

Dorel Industries Inventory

366.82 Million

About Dorel Balance Sheet Analysis

Dorel Industries Balance Sheet Chart

Cash And Short Term Investments

Common Stock Shares Outstanding

Total Current Assets

Capital Lease Obligations

Dorel Industries balance sheet Correlations

Dorel Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dorel Industries balance sheet Accounts

Pair Trading with Dorel Industries

Moving against Dorel Stock

Additional Tools for Dorel Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Intangible Assets	+ 0.98	Retained Earnings
Other Current Assets	+ 0.97	Other Current Liab
Inventory	+ 0.97	Accounts Payable

Common Stock Shares Outstanding	- 0.86	Cash And Short Term Investments
Common Stock Shares Outstanding	- 0.86	Cash
Other Stockholder Equity	- 0.84	Cash
Other Stockholder Equity	- 0.83	Cash And Short Term Investments
Cash	- 0.65	Property Plant And Equipment Net
Cash And Short Term Investments	- 0.64	Property Plant And Equipment Net