Draganfly Balance Sheet Health
Financial Health criteria checks 4/6
Draganfly has a total shareholder equity of CA$1.7M and total debt of CA$3.4K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$9.0M and CA$7.3M respectively.
Key information
0.2%
Debt to equity ratio
CA$3.37k
Debt
Interest coverage ratio | n/a |
Cash | CA$4.74m |
Equity | CA$1.68m |
Total liabilities | CA$7.31m |
Total assets | CA$8.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3U8A's short term assets (CA$7.4M) exceed its short term liabilities (CA$6.8M).
Long Term Liabilities: 3U8A's short term assets (CA$7.4M) exceed its long term liabilities (CA$482.4K).
Debt to Equity History and Analysis
Debt Level: 3U8A has more cash than its total debt.
Reducing Debt: 3U8A had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 3U8A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3U8A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.8% each year