Fisker Balance Sheet Health
Financial Health criteria checks 3/6
Fisker has a total shareholder equity of $79.9M and total debt of $1.2B, which brings its debt-to-equity ratio to 1536%. Its total assets and total liabilities are $2.0B and $1.9B respectively.
Key information
1,536.0%
Debt to equity ratio
US$1.23b
Debt
Interest coverage ratio | n/a |
Cash | US$326.80m |
Equity | US$79.88m |
Total liabilities | US$1.93b |
Total assets | US$2.01b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F2SK34's short term assets ($1.1B) exceed its short term liabilities ($599.0M).
Long Term Liabilities: F2SK34's short term assets ($1.1B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: F2SK34's net debt to equity ratio (1126.9%) is considered high.
Reducing Debt: F2SK34's debt to equity ratio has increased from 5.4% to 1536% 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: F2SK34 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: F2SK34 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 63.4% each year.