Digital Ally Balance Sheet Health
Financial Health criteria checks 2/6
Digital Ally has a total shareholder equity of $7.5M and total debt of $10.0M, which brings its debt-to-equity ratio to 132.2%. Its total assets and total liabilities are $45.2M and $37.6M respectively.
Key information
132.2%
Debt to equity ratio
US$9.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$927.86k |
| Equity | US$7.55m |
| Total liabilities | US$37.62m |
| Total assets | US$45.16m |
Recent financial health updates
Recent updates
Take Care Before Diving Into The Deep End On Digital Ally, Inc. (NASDAQ:DGLY)
Mar 01
Take Care Before Jumping Onto Digital Ally, Inc. (NASDAQ:DGLY) Even Though It's 28% Cheaper
Oct 11Digital Ally prices $15M convertible preferred stock offering
Oct 13Digital Ally gains on announcing over $1M in August subscription orders
Sep 26Digital Ally GAAP EPS of -$0.02, revenue of $9.35M
Aug 15Digital Ally bags contract for body-worn cameras
Jul 12Digital Ally gains on report of new DOJ policy on body cams
Jun 08Digital Ally: Down But Certainly Not Out
Jun 01Digital Ally receives multi-year order for its body cameras, EVO-HD In-Car system
Jan 29Are Insiders Selling Digital Ally, Inc. (NASDAQ:DGLY) Stock?
Jan 13
Digital Ally prices $30.95M registered direct offering
Jan 12Digital Ally suspends stock offering, shares down 26%
Jan 07What We Learned About Digital Ally's (NASDAQ:DGLY) CEO Compensation
Nov 30Digital Ally jumps 10% on Q3 results beat
Nov 12Financial Position Analysis
Short Term Liabilities: DGLY's short term assets ($15.1M) do not cover its short term liabilities ($24.7M).
Long Term Liabilities: DGLY's short term assets ($15.1M) exceed its long term liabilities ($12.9M).
Debt to Equity History and Analysis
Debt Level: DGLY's net debt to equity ratio (119.9%) is considered high.
Reducing Debt: DGLY 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: DGLY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DGLY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.9% each year