Delta Drone Balance Sheet Health
Financial Health criteria checks 6/6
Delta Drone has a total shareholder equity of €22.3M and total debt of €1.5M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are €42.2M and €19.9M respectively.
Key information
6.9%
Debt to equity ratio
€1.54m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.59m |
| Equity | €22.35m |
| Total liabilities | €19.89m |
| Total assets | €42.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLRW.F's short term assets (€18.6M) exceed its short term liabilities (€15.2M).
Long Term Liabilities: DLRW.F's short term assets (€18.6M) exceed its long term liabilities (€4.7M).
Debt to Equity History and Analysis
Debt Level: DLRW.F has more cash than its total debt.
Reducing Debt: DLRW.F's debt to equity ratio has reduced from 37.3% to 6.9% 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: DLRW.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DLRW.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.