Delta Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Delta Manufacturing has a total shareholder equity of ₹321.3M and total debt of ₹395.7M, which brings its debt-to-equity ratio to 123.1%. Its total assets and total liabilities are ₹998.3M and ₹677.0M respectively.
Key information
123.1%
Debt to equity ratio
₹395.66m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹59.45m |
| Equity | ₹321.29m |
| Total liabilities | ₹677.01m |
| Total assets | ₹998.30m |
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 (₹461.0M) do not cover its short term liabilities (₹582.3M).
Long Term Liabilities: DELTAMAGNT's short term assets (₹461.0M) exceed its long term liabilities (₹94.7M).
Debt to Equity History and Analysis
Debt Level: DELTAMAGNT's net debt to equity ratio (104.6%) is considered high.
Reducing Debt: DELTAMAGNT's debt to equity ratio has reduced from 141.3% to 123.1% 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 3 years based on its current free cash flow.
Forecast Cash Runway: DELTAMAGNT has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 1.5% each year.