Delta Balance Sheet Health
Financial Health criteria checks 6/6
Delta has a total shareholder equity of $222.2M and total debt of $18.3M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $403.5M and $181.3M respectively. Delta's EBIT is $159.9M making its interest coverage ratio -1300.1. It has cash and short-term investments of $26.4M.
Key information
8.2%
Debt to equity ratio
US$18.25m
Debt
| Interest coverage ratio | -1300.1x |
| Cash | US$26.41m |
| Equity | US$222.18m |
| Total liabilities | US$181.28m |
| Total assets | US$403.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLTA's short term assets ($212.3M) exceed its short term liabilities ($175.5M).
Long Term Liabilities: DLTA's short term assets ($212.3M) exceed its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: DLTA has more cash than its total debt.
Reducing Debt: DLTA's debt to equity ratio has reduced from 19.2% to 8.2% over the past 5 years.
Debt Coverage: DLTA's debt is well covered by operating cash flow (564.2%).
Interest Coverage: DLTA earns more interest than it pays, so coverage of interest payments is not a concern.