Delta Balance Sheet Health
Financial Health criteria checks 5/6
Delta has a total shareholder equity of $230.7M and total debt of $22.2M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are $414.8M and $184.1M respectively. Delta's EBIT is $151.3M making its interest coverage ratio 1172.6. It has cash and short-term investments of $17.7M.
Key information
9.6%
Debt to equity ratio
US$22.18m
Debt
| Interest coverage ratio | 1172.6x |
| Cash | US$17.68m |
| Equity | US$230.73m |
| Total liabilities | US$184.05m |
| Total assets | US$414.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLTA's short term assets ($203.6M) exceed its short term liabilities ($176.7M).
Long Term Liabilities: DLTA's short term assets ($203.6M) exceed its long term liabilities ($7.4M).
Debt to Equity History and Analysis
Debt Level: DLTA's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: DLTA's debt to equity ratio has increased from 7.1% to 9.6% over the past 5 years.
Debt Coverage: DLTA's debt is well covered by operating cash flow (455.9%).
Interest Coverage: DLTA's interest payments on its debt are well covered by EBIT (1172.6x coverage).