Drone Volt Balance Sheet Health
Financial Health criteria checks 4/6
Drone Volt has a total shareholder equity of €15.8M and total debt of €4.9M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are €24.4M and €8.5M respectively.
Key information
30.7%
Debt to equity ratio
€4.86m
Debt
Interest coverage ratio | n/a |
Cash | €1.26m |
Equity | €15.83m |
Total liabilities | €8.54m |
Total assets | €24.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0D25's short term assets (€7.3M) exceed its short term liabilities (€4.2M).
Long Term Liabilities: 0D25's short term assets (€7.3M) exceed its long term liabilities (€4.3M).
Debt to Equity History and Analysis
Debt Level: 0D25's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: 0D25's debt to equity ratio has reduced from 38.2% to 30.7% 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: Insufficient data to determine if 0D25 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0D25 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.