Delota Balance Sheet Health
Financial Health criteria checks 3/6
Delota has a total shareholder equity of CA$2.4M and total debt of CA$1.0M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are CA$13.9M and CA$11.6M respectively.
Key information
43.2%
Debt to equity ratio
CA$1.02m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.01m |
Equity | CA$2.36m |
Total liabilities | CA$11.57m |
Total assets | CA$13.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYDR.F's short term assets (CA$4.6M) do not cover its short term liabilities (CA$5.4M).
Long Term Liabilities: SYDR.F's short term assets (CA$4.6M) do not cover its long term liabilities (CA$6.2M).
Debt to Equity History and Analysis
Debt Level: SYDR.F's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: SYDR.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SYDR.F's debt is well covered by operating cash flow (222.9%).
Interest Coverage: Insufficient data to determine if SYDR.F's interest payments on its debt are well covered by EBIT.