Delota Balance Sheet Health

Financial Health criteria checks 4/6

Delota has a total shareholder equity of CA$453.9K and total debt of CA$1.2M, which brings its debt-to-equity ratio to 263.5%. Its total assets and total liabilities are CA$14.4M and CA$14.0M respectively. Delota's EBIT is CA$402.4K making its interest coverage ratio 0.3. It has cash and short-term investments of CA$2.8M.

Key information

263.5%

Debt to equity ratio

CA$1.20m

Debt

Interest coverage ratio	0.3x
Cash	CA$2.85m
Equity	CA$453.95k
Total liabilities	CA$13.97m
Total assets	CA$14.42m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SYDR.F's short term assets (CA$7.0M) do not cover its short term liabilities (CA$7.9M).

Long Term Liabilities: SYDR.F's short term assets (CA$7.0M) exceed its long term liabilities (CA$6.1M).

Debt to Equity History and Analysis

Debt Level: SYDR.F has more cash than its total debt.

Reducing Debt: SYDR.F's debt to equity ratio has increased from 35.8% to 263.5% 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: Whilst unprofitable SYDR.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SYDR.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.2% per year.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 10:36
End of Day Share Price	2024/12/13 00:00
Earnings	2024/07/31
Annual Earnings	2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Delota Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution