insiderdelta
CoverageForm 410-K10-Q8-K13D13G13F

DSEY · Diversey Holdings, Ltd. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
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AnnualQuarterly

Income Statement

Line itemFY 2022FY 2021
Revenue$2.77B$2.63B
Cost of Revenue$1.89B$1.56B
Gross Profit$875.80M$1.07B
R&D$27.90M$32.20M
SG&A$797.60M$835.70M
Total Operating Expenses--
D&A$180.50M$195.60M
Operating Income($112.00M)$59.30M
Interest Expense$112.00M$127.70M
Income Tax($16.20M)$9.20M
Net Income($169.30M)($38.50M)
EPS - Basic($0.53)($0.16)
EPS - Diluted($0.53)($0.16)

Balance Sheet

Line itemFY 2022FY 2021
Cash & Equivalents$205.60M$207.60M
Accounts Receivable$457.40M$414.30M
Inventory$354.60M$337.60M
Accounts Payable$552.60M$434.30M
Current Assets$1.21B$1.09B
Total Assets$4.25B$4.30B
Current Liabilities$996.00M$857.10M
Long-term Debt$1.97B$1.97B
Total Liabilities$3.58B$3.51B
Stockholders' Equity$673.00M$785.60M
Retained Earnings($889.40M)($720.10M)

Cash Flow

Line itemFY 2022FY 2021
Operating Cash Flow$33.70M$103.00M
Investing Cash Flow($176.70M)($70.80M)
Financing Cash Flow$157.50M$23.60M
CapEx$59.60M$41.40M
Free Cash Flow($25.90M)$61.60M

Ratios

MetricFY 2022FY 2021
Profitability
Gross margin31.7%40.7%
Operating margin-4.0%2.3%
EBITDA margin2.5%9.7%
Net margin-6.1%-1.5%
Free cash flow margin-0.9%2.3%
FCF / Net income0.15-1.60
R&D / Revenue1.0%1.2%
SG&A / Revenue28.8%31.8%
Effective tax rate--
Return on assets-4.0%-0.9%
Return on equity-25.2%-4.9%
Return on invested capital-3.3%1.7%
Liquidity
Current ratio1.211.27
Quick ratio0.850.88
Cash ratio0.210.24
Leverage
Debt / Equity2.932.51
Debt / Assets0.460.46
Debt / EBITDA28.747.74
Interest coverage-1.0x0.5x
Equity multiplier6.325.47
Liabilities / Assets0.840.82
Efficiency
Asset turnover0.650.61
Inventory turnover5.334.62
Days sales outstanding60d58d
Days inventory outstanding68d79d
Days payable outstanding107d102d
Cash conversion cycle22d35d
Valuation
P / E--
P / B--
P / S--
EV / EBITDA--
Growth
Revenue growth (YoY)5.2%-
Revenue CAGR (3y)--
Revenue CAGR (5y)--
Gross profit growth (YoY)-18.1%-
Operating income growth (YoY)--
Net income growth (YoY)-339.7%-
EPS growth (YoY)-231.3%-
EPS CAGR (3y)--
EPS CAGR (5y)--
FCF growth (YoY)--
FCF CAGR (5y)--
Book value growth (YoY)-14.3%-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Business segments

$2.62B total
Institutional Segment$1.92B · 73.3%
Food And Beverage Segment$700.50M · 26.7%

Geographic

$3.12B total
Europe$1.16B · 37.1%
North America$708.70M · 22.7%
US$503.50M · 16.1%
Asia Pacific$338.30M · 10.8%
Middle East And Africa$231.10M · 7.4%
Latin America$183.50M · 5.9%

Stability scores

Altman Z′

FY 2022 · bankruptcy risk

0.50
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2022 · 9-point quality

4/9
Neutral
  • ✗Net income positive
  • ✓Operating cash flow positive
  • ✗ROA improved YoY
  • ✓Cash flow > net income
  • ✓Long-term debt decreased
  • ✗Current ratio improved
  • ✗No share dilution
  • ✗Gross margin improved
  • ✓Asset turnover improved

Peer comparison

Same SIC group: Specialty Cleaning, Polishing and Sanitation Preparations

CompanyRevenue (last FY)Net marginROE
CLX$7.10B11.4%252.3%
ZONE$2.07M-325.3%-459.9%
QSAM---2692.7%
OBCI$64.30M13.1%17.7%

Comparing Diversey Holdings against the 4 most active filers in the same SIC group.