Delta Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
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
Delta Manufacturing (NSE:DELTAMAGNT) Is Carrying A Fair Bit Of Debt
Jul 15
Is Delta Manufacturing (NSE:DELTAMAGNT) Using Too Much Debt?
Jun 30Does Delta Manufacturing (NSE:DELTAMAGNT) Have A Healthy Balance Sheet?
Jan 11Is Delta Manufacturing (NSE:DELTAMAGNT) Using Too Much Debt?
Aug 19Is Delta Manufacturing (NSE:DELTAMAGNT) Using Too Much Debt?
Dec 07Health Check: How Prudently Does Delta Manufacturing (NSE:DELTAMAGNT) Use Debt?
Aug 24Recent updates
Delta Manufacturing (NSE:DELTAMAGNT) Is Carrying A Fair Bit Of Debt
Jul 15Shareholders Will Probably Hold Off On Increasing Delta Manufacturing Limited's (NSE:DELTAMAGNT) CEO Compensation For The Time Being
Sep 23Is Delta Manufacturing (NSE:DELTAMAGNT) Using Too Much Debt?
Jun 30Does Delta Manufacturing (NSE:DELTAMAGNT) Have A Healthy Balance Sheet?
Jan 11Shareholders Shouldn’t Be Too Comfortable With Delta Manufacturing's (NSE:DELTAMAGNT) Strong Earnings
Nov 19Is Delta Manufacturing (NSE:DELTAMAGNT) Using Too Much Debt?
Aug 19Is Delta Manufacturing (NSE:DELTAMAGNT) Using Too Much Debt?
Dec 07Health Check: How Prudently Does Delta Manufacturing (NSE:DELTAMAGNT) Use Debt?
Aug 24Financial Position Analysis
Short Term Liabilities: DELTAMAGNT's short term assets (₹397.0M) do not cover its short term liabilities (₹595.1M).
Long Term Liabilities: DELTAMAGNT's short term assets (₹397.0M) exceed its long term liabilities (₹86.5M).
Debt to Equity History and Analysis
Debt Level: DELTAMAGNT's net debt to equity ratio (179.7%) is considered high.
Reducing Debt: DELTAMAGNT'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: DELTAMAGNT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DELTAMAGNT has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.2% each year.