UAS Drone Balance Sheet Health
Financial Health criteria checks 6/6
UAS Drone has a total shareholder equity of $1.8M and total debt of $314.0K, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are $2.5M and $671.0K respectively.
Key information
17.4%
Debt to equity ratio
US$314.00k
Debt
Interest coverage ratio | n/a |
Cash | US$2.28m |
Equity | US$1.81m |
Total liabilities | US$671.00k |
Total assets | US$2.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USDR's short term assets ($2.3M) exceed its short term liabilities ($311.0K).
Long Term Liabilities: USDR's short term assets ($2.3M) exceed its long term liabilities ($360.0K).
Debt to Equity History and Analysis
Debt Level: USDR has more cash than its total debt.
Reducing Debt: USDR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: USDR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: USDR has sufficient cash runway for 3 years if free cash flow continues to reduce at historical rates of 14% each year.