Delta Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Delta Manufacturing has a total shareholder equity of ₹268.6M and total debt of ₹398.6M, which brings its debt-to-equity ratio to 148.4%. Its total assets and total liabilities are ₹951.6M and ₹683.0M respectively.
Key information
148.4%
Debt to equity ratio
₹398.56m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹31.30m |
| Equity | ₹268.61m |
| Total liabilities | ₹682.97m |
| Total assets | ₹951.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504286's short term assets (₹444.8M) do not cover its short term liabilities (₹592.8M).
Long Term Liabilities: 504286's short term assets (₹444.8M) exceed its long term liabilities (₹90.1M).
Debt to Equity History and Analysis
Debt Level: 504286's net debt to equity ratio (136.7%) is considered high.
Reducing Debt: 504286's debt to equity ratio has reduced from 265.9% to 148.4% 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: 504286 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 504286 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 13.3% each year.