Deep Value Driller Balance Sheet Health
Financial Health criteria checks 1/6
Deep Value Driller has a total shareholder equity of $6.9M and total debt of $125.0M, which brings its debt-to-equity ratio to 1809.2%. Its total assets and total liabilities are $154.4M and $147.5M respectively. Deep Value Driller's EBIT is $11.8M making its interest coverage ratio 1.1. It has cash and short-term investments of $25.3M.
Key information
1,809.2%
Debt to equity ratio
US$125.00m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$25.34m |
| Equity | US$6.91m |
| Total liabilities | US$147.51m |
| Total assets | US$154.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9YG's short term assets ($38.8M) exceed its short term liabilities ($20.1M).
Long Term Liabilities: 9YG's short term assets ($38.8M) do not cover its long term liabilities ($127.4M).
Debt to Equity History and Analysis
Debt Level: 9YG's net debt to equity ratio (1442.5%) is considered high.
Reducing Debt: Insufficient data to determine if 9YG's debt to equity ratio has reduced 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: 9YG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 9YG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.