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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 01:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DroneShield Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Laing | Bell Potter |
| Abraham Akra | Shaw and Partners Limited |