Draganfly Inc - Asset Resilience Ratio

Latest as of September 2024: 3.36%

Draganfly Inc (DPRO) has an Asset Resilience Ratio of 3.36% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read total liabilities of Draganfly Inc for a breakdown of total debt and financial obligations.

Liquid Assets

$286.93K
Cash + Short-term Investments

Total Assets

$8.53 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Draganfly Inc's Asset Resilience Ratio has changed over time. See shareholders equity of Draganfly Inc for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Draganfly Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of Draganfly Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $286.93K 3.36%
Total Liquid Assets $286.93K 3.36%

Asset Resilience Insights

  • Limited Liquidity: Draganfly Inc maintains only 3.36% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Draganfly Inc Industry Peers by Asset Resilience Ratio

Compare Draganfly Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
FOSITEK CORP
TW:6805
Computer Hardware 0.00%
Chengdu Zhimingda Electronics Co. Ltd. A
SHG:688636
Computer Hardware 1.49%
Team Group Inc
TW:4967
Computer Hardware 1.79%
Flytech Technology Co Ltd
TW:6206
Computer Hardware 12.47%
Global UAV Technologies Ltd
STU:YAB2
Computer Hardware 0.00%
Rocketdna Ltd
AU:RKT
Computer Hardware 21.99%
333D Ltd
AU:T3D
Computer Hardware 3.70%
Positivo Tecnologia S.A
SA:POSI3
Computer Hardware 16.72%

Annual Asset Resilience Ratio for Draganfly Inc (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Draganfly Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 4.34% $361.65K $8.33 Million +1.65pp
2022-12-31 2.69% $394.17K $14.64 Million +1.87pp
2021-12-31 0.82% $346.50K $42.11 Million -1.10pp
2020-12-31 1.92% $136.67K $7.10 Million +1.71pp
2019-12-31 0.22% $6.97K $3.22 Million --
pp = percentage points

About Draganfly Inc

NASDAQ:DPRO USA Computer Hardware
Market Cap
$182.54 Million
Market Cap Rank
#16890 Global
#3815 in USA
Share Price
$5.31
Change (1 day)
-1.30%
52-Week Range
$1.70 - $13.77
All Time High
$132.75
About

Draganfly Inc. develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-copters, fixed wing aircrafts, ground based robots, handheld controllers, and flight training, as well as software used for tracking, live streaming, and data collection. It also operates a health/telehealth p… Read more