AgEagle Aerial Systems Balance Sheet Health
Financial Health criteria checks 3/6
AgEagle Aerial Systems has a total shareholder equity of $8.1M and total debt of $6.0M, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are $22.8M and $14.8M respectively.
Key information
74.3%
Debt to equity ratio
US$6.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$977.21k |
| Equity | US$8.07m |
| Total liabilities | US$14.76m |
| Total assets | US$22.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UAVS's short term assets ($9.4M) do not cover its short term liabilities ($12.2M).
Long Term Liabilities: UAVS's short term assets ($9.4M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: UAVS's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: UAVS's debt to equity ratio has increased from 0% to 74.3% 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: UAVS has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: UAVS is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.