Dragonfly Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Dragonfly Energy Holdings has a total shareholder equity of $27.9M and total debt of $19.7M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are $75.2M and $47.3M respectively.
Key information
70.5%
Debt to equity ratio
US$19.68m
Debt
Interest coverage ratio | n/a |
Cash | US$12.71m |
Equity | US$27.91m |
Total liabilities | US$47.29m |
Total assets | US$75.20m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DFLI's short term assets ($55.9M) exceed its short term liabilities ($40.4M).
Long Term Liabilities: DFLI's short term assets ($55.9M) exceed its long term liabilities ($6.9M).
Debt to Equity History and Analysis
Debt Level: DFLI's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DFLI'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: DFLI has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DFLI is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.