Drone Delivery Canada Balance Sheet Health
Financial Health criteria checks 4/6
Drone Delivery Canada has a total shareholder equity of CA$7.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.7M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$6.18m |
Equity | CA$7.37m |
Total liabilities | CA$1.37m |
Total assets | CA$8.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABBA's short term assets (CA$6.6M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: ABBA's short term assets (CA$6.6M) exceed its long term liabilities (CA$237.1K).
Debt to Equity History and Analysis
Debt Level: ABBA is debt free.
Reducing Debt: ABBA had no debt 5 years ago.
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: ABBA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ABBA has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.1% each year.