Tonner Drones Balance Sheet Health
Financial Health criteria checks 4/6
Tonner Drones has a total shareholder equity of €13.3M and total debt of €4.3M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are €31.3M and €18.0M respectively.
Key information
32.0%
Debt to equity ratio
€4.27m
Debt
Interest coverage ratio | n/a |
Cash | €781.00k |
Equity | €13.34m |
Total liabilities | €17.98m |
Total assets | €31.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1DD's short term assets (€16.7M) exceed its short term liabilities (€10.4M).
Long Term Liabilities: 1DD's short term assets (€16.7M) exceed its long term liabilities (€7.6M).
Debt to Equity History and Analysis
Debt Level: 1DD's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 1DD's debt to equity ratio has reduced from 73.8% to 32% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 1DD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1DD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.