DP Aircraft I Balance Sheet Health
Financial Health criteria checks 2/6
DP Aircraft I has a total shareholder equity of $42.2M and total debt of $92.7M, which brings its debt-to-equity ratio to 219.5%. Its total assets and total liabilities are $150.9M and $108.6M respectively. DP Aircraft I's EBIT is $5.9M making its interest coverage ratio 1.6. It has cash and short-term investments of $914.5K.
Key information
219.5%
Debt to equity ratio
US$92.71m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$914.51k |
| Equity | US$42.23m |
| Total liabilities | US$108.63m |
| Total assets | US$150.86m |
Recent financial health updates
No updates
Recent updates
DP Aircraft I Limited's (LON:DPA) Share Price Not Quite Adding Up
Jan 06
DP Aircraft I (LON:DPA) Is Experiencing Growth In Returns On Capital
Sep 08We Think You Should Be Aware Of Some Concerning Factors In DP Aircraft I's (LON:DPA) Earnings
May 06Returns On Capital At DP Aircraft I (LON:DPA) Paint A Concerning Picture
Sep 17Financial Position Analysis
Short Term Liabilities: DPA's short term assets ($5.2M) do not cover its short term liabilities ($8.8M).
Long Term Liabilities: DPA's short term assets ($5.2M) do not cover its long term liabilities ($99.9M).
Debt to Equity History and Analysis
Debt Level: DPA's net debt to equity ratio (217.4%) is considered high.
Reducing Debt: DPA's debt to equity ratio has increased from 101.2% to 219.5% 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: Whilst unprofitable DPA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DPA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 41.1% per year.