Delta Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Delta Manufacturing has a total shareholder equity of ₹208.4M and total debt of ₹386.2M, which brings its debt-to-equity ratio to 185.3%. Its total assets and total liabilities are ₹890.0M and ₹681.6M respectively.
Key information
185.3%
Debt to equity ratio
₹386.17m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹11.64m |
| Equity | ₹208.40m |
| Total liabilities | ₹681.62m |
| Total assets | ₹890.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504286's short term assets (₹397.0M) do not cover its short term liabilities (₹595.1M).
Long Term Liabilities: 504286's short term assets (₹397.0M) exceed its long term liabilities (₹86.5M).
Debt to Equity History and Analysis
Debt Level: 504286's net debt to equity ratio (179.7%) is considered high.
Reducing Debt: 504286's debt to equity ratio has reduced from 369.7% to 185.3% 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 504286 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 504286 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19% per year.