Deep Value Driller Balance Sheet Health
Financial Health criteria checks 0/6
Deep Value Driller has a total shareholder equity of $38.3M and total debt of $75.0M, which brings its debt-to-equity ratio to 195.9%. Its total assets and total liabilities are $139.4M and $101.1M respectively.
Key information
195.9%
Debt to equity ratio
US$75.00m
Debt
Interest coverage ratio | n/a |
Cash | US$8.13m |
Equity | US$38.29m |
Total liabilities | US$101.14m |
Total assets | US$139.43m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DVD's short term assets ($21.5M) do not cover its short term liabilities ($23.8M).
Long Term Liabilities: DVD's short term assets ($21.5M) do not cover its long term liabilities ($77.4M).
Debt to Equity History and Analysis
Debt Level: DVD's net debt to equity ratio (174.6%) is considered high.
Reducing Debt: Insufficient data to determine if DVD's debt to equity ratio has reduced 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: DVD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DVD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.