DroneShield Balance Sheet Health
Financial Health criteria checks 6/6
DroneShield has a total shareholder equity of A$190.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$225.6M and A$35.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$144.42m |
| Equity | AU$190.59m |
| Total liabilities | AU$35.03m |
| Total assets | AU$225.62m |
Recent financial health updates
Recent updates
DroneShield Limited (ASX:DRO) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing
Oct 26
With A 41% Price Drop For DroneShield Limited (ASX:DRO) You'll Still Get What You Pay For
Aug 02Is There Now An Opportunity In DroneShield Limited (ASX:DRO)?
May 06After Leaping 29% DroneShield Limited (ASX:DRO) Shares Are Not Flying Under The Radar
Apr 06Returns Are Gaining Momentum At DroneShield (ASX:DRO)
Mar 26Investors Appear Satisfied With DroneShield Limited's (ASX:DRO) Prospects As Shares Rocket 26%
Jan 17We're Hopeful That DroneShield (ASX:DRO) Will Use Its Cash Wisely
May 15We Think Shareholders Are Less Likely To Approve A Large Pay Rise For DroneShield Limited's (ASX:DRO) CEO For Now
Apr 21DroneShield's (ASX:DRO) Stock Price Has Reduced 31% In The Past Three Years
Feb 26Financial Position Analysis
Short Term Liabilities: DRO's short term assets (A$205.1M) exceed its short term liabilities (A$29.5M).
Long Term Liabilities: DRO's short term assets (A$205.1M) exceed its long term liabilities (A$5.6M).
Debt to Equity History and Analysis
Debt Level: DRO is debt free.
Reducing Debt: DRO has no debt compared to 5 years ago when its debt to equity ratio was 41.5%.
Debt Coverage: DRO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRO has no debt, therefore coverage of interest payments is not a concern.