D2L Historical Balance Sheet

DTOL Stock

19.63 0.20 1.01%

Trend analysis of D2L Inc balance sheet accounts such as Short and Long Term Debt Total of 8.1 M or Other Current Liab of 232.1 K provides information on D2L's total assets, liabilities, and equity, which is the actual value of D2L Inc to its prevalent stockholders. By breaking down trends over time using D2L 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

Covid

Financial Statement Analysis is much more than just reviewing and examining D2L Inc 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 D2L Inc is a good buy for the upcoming year.

D2L Inventory

0.95

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in D2L Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About D2L Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of D2L Inc at a specified time, usually calculated after every quarter, six months, or one year. D2L Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of D2L 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 D2L currently owns. An asset can also be divided into two categories, current and non-current.

D2L Balance Sheet Chart

At this time, D2L's Short Term Debt is very stable compared to the past year. As of the 27th of February 2025, Intangible Assets is likely to grow to about 1.6 M, while Common Stock Shares Outstanding is likely to drop about 39.9 M.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab Total Stockholder Equity Non Current Liabilities Total

Common Stock Shares Outstanding

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

Total Assets

Total assets refers to the total amount of D2L assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in D2L Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from D2L's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into D2L Inc 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 D2L Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	13.0M	12.7M	14.6M	8.1M
Total Assets	176.6M	197.1M	226.7M	154.7M

Short Long Term Debt Total Total Assets

D2L balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Common Stock Shares Outstanding		-0.52	0.12	0.68	-0.47	-0.63	-0.56	-0.62	0.04	-0.47	0.65	0.56	-0.4	-0.55	-0.36	0.22	-0.59	-0.55	-0.62	0.63	0.12	0.5	-0.28	0.84	0.62	-0.61
Total Assets	-0.52		0.74	-0.69	0.98	0.95	0.96	0.95	0.8	0.99	-0.96	-0.96	0.95	1.0	0.98	-0.12	0.89	1.0	0.99	-0.94	0.74	-0.48	0.95	-0.29	-0.88	0.96
Short Long Term Debt Total	0.12	0.74		-0.31	0.76	0.66	0.7	0.67	0.99	0.77	-0.6	-0.67	0.77	0.71	0.85	0.12	0.54	0.71	0.63	-0.65	1.0	-0.1	0.89	0.39	-0.6	0.6
Other Current Liab	0.68	-0.69	-0.31		-0.71	-0.71	-0.7	-0.7	-0.42	-0.68	0.68	0.62	-0.72	-0.67	-0.67	-0.39	-0.61	-0.67	-0.76	0.7	-0.31	0.0	-0.64	0.37	0.65	-0.64
Total Current Liabilities	-0.47	0.98	0.76	-0.71		0.9	0.91	0.9	0.82	1.0	-0.92	-0.92	0.99	0.97	0.98	0.03	0.93	0.97	0.98	-0.87	0.76	-0.35	0.96	-0.19	-0.78	0.96
Total Stockholder Equity	-0.63	0.95	0.66	-0.71	0.9		0.96	1.0	0.71	0.91	-0.97	-0.96	0.84	0.96	0.91	-0.18	0.8	0.96	0.94	-1.0	0.66	-0.55	0.87	-0.4	-0.96	0.89
Other Liab	-0.56	0.96	0.7	-0.7	0.91	0.96		0.96	0.75	0.92	-0.92	-0.89	0.86	0.96	0.93	-0.18	0.76	0.96	0.94	-0.97	0.7	-0.54	0.9	-0.35	-0.96	0.87
Net Tangible Assets	-0.62	0.95	0.67	-0.7	0.9	1.0	0.96		0.72	0.91	-0.97	-0.96	0.84	0.96	0.91	-0.18	0.8	0.96	0.93	-1.0	0.67	-0.55	0.87	-0.39	-0.96	0.89
Property Plant And Equipment Net	0.04	0.8	0.99	-0.42	0.82	0.71	0.75	0.72		0.84	-0.66	-0.72	0.84	0.77	0.9	0.16	0.62	0.77	0.71	-0.69	0.99	-0.1	0.94	0.33	-0.64	0.67
Current Deferred Revenue	-0.47	0.99	0.77	-0.68	1.0	0.91	0.92	0.91	0.84		-0.93	-0.93	0.98	0.98	0.98	-0.01	0.92	0.98	0.98	-0.89	0.77	-0.37	0.97	-0.18	-0.8	0.96
Net Debt	0.65	-0.96	-0.6	0.68	-0.92	-0.97	-0.92	-0.97	-0.66	-0.93		0.99	-0.87	-0.97	-0.89	0.23	-0.88	-0.97	-0.96	0.96	-0.6	0.6	-0.85	0.47	0.89	-0.95
Retained Earnings	0.56	-0.96	-0.67	0.62	-0.92	-0.96	-0.89	-0.96	-0.72	-0.93	0.99		-0.88	-0.97	-0.9	0.2	-0.88	-0.97	-0.94	0.94	-0.67	0.56	-0.87	0.36	0.86	-0.94
Accounts Payable	-0.4	0.95	0.77	-0.72	0.99	0.84	0.86	0.84	0.84	0.98	-0.87	-0.88		0.93	0.97	0.14	0.9	0.93	0.95	-0.81	0.77	-0.23	0.96	-0.1	-0.71	0.93
Cash	-0.55	1.0	0.71	-0.67	0.97	0.96	0.96	0.96	0.77	0.98	-0.97	-0.97	0.93		0.96	-0.17	0.89	1.0	0.99	-0.95	0.71	-0.54	0.93	-0.34	-0.89	0.96
Non Current Assets Total	-0.36	0.98	0.85	-0.67	0.98	0.91	0.93	0.91	0.9	0.98	-0.89	-0.9	0.97	0.96		0.03	0.83	0.96	0.94	-0.89	0.85	-0.33	1.0	-0.09	-0.83	0.89
Non Currrent Assets Other	0.22	-0.12	0.12	-0.39	0.03	-0.18	-0.18	-0.18	0.16	-0.01	0.23	0.2	0.14	-0.17	0.03		-0.07	-0.17	-0.08	0.2	0.12	0.91	0.09	0.55	0.28	-0.16
Other Assets	-0.59	0.89	0.54	-0.61	0.93	0.8	0.76	0.8	0.62	0.92	-0.88	-0.88	0.9	0.89	0.83	-0.07		0.89	0.92	-0.76	0.54	-0.4	0.8	-0.31	-0.63	0.98
Cash And Short Term Investments	-0.55	1.0	0.71	-0.67	0.97	0.96	0.96	0.96	0.77	0.98	-0.97	-0.97	0.93	1.0	0.96	-0.17	0.89		0.99	-0.95	0.71	-0.54	0.93	-0.34	-0.89	0.96
Net Receivables	-0.62	0.99	0.63	-0.76	0.98	0.94	0.94	0.93	0.71	0.98	-0.96	-0.94	0.95	0.99	0.94	-0.08	0.92	0.99		-0.92	0.63	-0.47	0.91	-0.39	-0.85	0.97
Non Current Liabilities Total	0.63	-0.94	-0.65	0.7	-0.87	-1.0	-0.97	-1.0	-0.69	-0.89	0.96	0.94	-0.81	-0.95	-0.89	0.2	-0.76	-0.95	-0.92		-0.65	0.57	-0.85	0.42	0.98	-0.86
Capital Lease Obligations	0.12	0.74	1.0	-0.31	0.76	0.66	0.7	0.67	0.99	0.77	-0.6	-0.67	0.77	0.71	0.85	0.12	0.54	0.71	0.63	-0.65		-0.1	0.89	0.39	-0.6	0.6
Inventory	0.5	-0.48	-0.1	0.0	-0.35	-0.55	-0.54	-0.55	-0.1	-0.37	0.6	0.56	-0.23	-0.54	-0.33	0.91	-0.4	-0.54	-0.47	0.57	-0.1		-0.26	0.7	0.61	-0.52
Other Current Assets	-0.28	0.95	0.89	-0.64	0.96	0.87	0.9	0.87	0.94	0.97	-0.85	-0.87	0.96	0.93	1.0	0.09	0.8	0.93	0.91	-0.85	0.89	-0.26		0.01	-0.79	0.86
Other Stockholder Equity	0.84	-0.29	0.39	0.37	-0.19	-0.4	-0.35	-0.39	0.33	-0.18	0.47	0.36	-0.1	-0.34	-0.09	0.55	-0.31	-0.34	-0.39	0.42	0.39	0.7	0.01		0.44	-0.39
Total Liab	0.62	-0.88	-0.6	0.65	-0.78	-0.96	-0.96	-0.96	-0.64	-0.8	0.89	0.86	-0.71	-0.89	-0.83	0.28	-0.63	-0.89	-0.85	0.98	-0.6	0.61	-0.79	0.44		-0.77
Deferred Long Term Liab	-0.61	0.96	0.6	-0.64	0.96	0.89	0.87	0.89	0.67	0.96	-0.95	-0.94	0.93	0.96	0.89	-0.16	0.98	0.96	0.97	-0.86	0.6	-0.52	0.86	-0.39	-0.77

Click cells to compare fundamentals

D2L Account Relationship Matchups

D2L balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	85.7M	179.2M	176.6M	197.1M	226.7M	154.7M
Short Long Term Debt Total	4.1M	1.9M	13.0M	12.7M	14.6M	8.1M
Other Current Liab	68.7M	3.3M	85.7M	271.5K	244.3K	232.1K
Total Current Liabilities	92.6M	111.7M	110.2M	127.6M	146.8M	113.2M
Total Stockholder Equity	(187.3M)	66.4M	54.1M	56.9M	65.4M	68.7M
Property Plant And Equipment Net	5.8M	3.6M	15.5M	17.2M	19.8M	10.6M
Current Deferred Revenue	68.7M	82.9M	85.7M	93.7M	107.8M	85.0M
Net Debt	(41.1M)	(112.8M)	(97.7M)	(104.2M)	(93.8M)	(98.5M)
Retained Earnings	(228.6M)	(326.3M)	(344.6M)	(350.4M)	(315.4M)	(331.2M)
Accounts Payable	21.8M	24.3M	23.5M	32.6M	37.5M	25.7M
Cash	45.2M	114.7M	110.7M	116.9M	134.5M	92.2M
Non Current Assets Total	14.0M	24.5M	30.2M	37.3M	42.9M	26.0M
Non Currrent Assets Other	84.4K	(16.7M)	(22.9M)	8.4M	7.5M	7.9M
Cash And Short Term Investments	45.2M	114.7M	110.7M	116.9M	134.5M	92.2M
Net Receivables	17.7M	28.4M	23.0M	27.0M	31.0M	24.2M
Liabilities And Stockholders Equity	85.7M	179.2M	176.6M	197.1M	226.7M	154.7M
Non Current Liabilities Total	180.4M	1.1M	12.3M	12.6M	11.3M	10.8M
Capital Lease Obligations	4.1M	1.9M	13.0M	12.7M	14.6M	8.1M
Other Current Assets	8.8M	11.6M	15.5M	18.7M	21.6M	13.8M
Other Stockholder Equity	45.3M	(28.0M)	41.1M	47.5M	54.6M	33.1M
Total Liab	273.0M	112.8M	122.5M	140.2M	126.2M	137.5M
Net Invested Capital	(187.3M)	66.4M	54.1M	56.9M	65.4M	68.7M
Property Plant And Equipment Gross	16.0M	15.2M	22.4M	25.7M	29.5M	21.0M
Total Current Assets	71.7M	154.7M	146.4M	159.8M	183.8M	128.6M
Accumulated Other Comprehensive Income	(4.2M)	(3.3M)	(5.0M)	(5.0M)	(4.5M)	(4.7M)
Capital Stock	217.6K	354.3M	357.6M	364.8M	419.6M	237.0M
Net Working Capital	(20.8M)	43.0M	36.2M	32.2M	37.0M	38.8M
Short Term Debt	2.1M	1.2M	1.1M	1.0M	902.2K	1.2M
Intangible Assets	340.7K	5.5M	288.1K	770.7K	886.3K	1.6M
Common Stock	217.6K	354.3M	357.6M	364.8M	419.6M	237.0M

Pair Trading with D2L

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 D2L 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 D2L will appreciate offsetting losses from the drop in the long position's value.

Moving against D2L Stock

0.49	BOFA	Bank of America	Pair Corr
0.31	RY	Royal Bank	Pair Corr

The ability to find closely correlated positions to D2L could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace D2L 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 D2L - 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 D2L Inc to buy it.

The correlation of D2L 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 D2L moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if D2L Inc 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 D2L 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

Other Information on Investing in D2L Stock

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D2L Historical Balance Sheet

D2L Inventory

0.95

About D2L Balance Sheet Analysis

D2L Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Total Stockholder Equity

D2L balance sheet Correlations

D2L Account Relationship Matchups

High Positive Relationship

High Negative Relationship

D2L balance sheet Accounts

Pair Trading with D2L

Moving against D2L Stock

Other Information on Investing in D2L Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Non Current Liabilities Total	- 1.0	Net Tangible Assets
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Cash And Short Term Investments	- 0.97	Retained Earnings
Cash	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt