DroneShield Balance Sheet Health
Financial Health criteria checks 6/6
DroneShield has a total shareholder equity of A$74.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$97.1M and A$22.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$56.77m |
Equity | AU$74.51m |
Total liabilities | AU$22.54m |
Total assets | AU$97.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRH's short term assets (A$84.6M) exceed its short term liabilities (A$20.2M).
Long Term Liabilities: DRH's short term assets (A$84.6M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: DRH is debt free.
Reducing Debt: DRH had no debt 5 years ago.
Debt Coverage: DRH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRH has no debt, therefore coverage of interest payments is not a concern.