Deltic Energy Balance Sheet Health
Financial Health criteria checks 5/6
Deltic Energy has a total shareholder equity of £21.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £23.4M and £1.6M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£5.58m |
| Equity | UK£21.74m |
| Total liabilities | UK£1.63m |
| Total assets | UK£23.37m |
Recent financial health updates
Here's Why Deltic Energy (LON:DELT) Must Use Its Cash Wisely
Feb 22
Deltic Energy (LON:DELT) Will Have To Spend Its Cash Wisely
Nov 09Here's Why We're Not Too Worried About Deltic Energy's (LON:DELT) Cash Burn Situation
May 12We're Hopeful That Deltic Energy (LON:DELT) Will Use Its Cash Wisely
Jan 12We Think Deltic Energy (LON:DELT) Can Afford To Drive Business Growth
Sep 29Recent updates
Here's Why Deltic Energy (LON:DELT) Must Use Its Cash Wisely
Feb 22Deltic Energy (LON:DELT) Will Have To Spend Its Cash Wisely
Nov 09Here's Why We're Not Too Worried About Deltic Energy's (LON:DELT) Cash Burn Situation
May 12We're Hopeful That Deltic Energy (LON:DELT) Will Use Its Cash Wisely
Jan 12We Think Deltic Energy (LON:DELT) Can Afford To Drive Business Growth
Sep 29Financial Position Analysis
Short Term Liabilities: DELT's short term assets (£5.7M) exceed its short term liabilities (£1.6M).
Long Term Liabilities: DELT's short term assets (£5.7M) exceed its long term liabilities (£11.3K).
Debt to Equity History and Analysis
Debt Level: DELT is debt free.
Reducing Debt: DELT has not had any debt for 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: DELT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DELT has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 41% each year.