ReVolve Renewable Power Balance Sheet Health
Financial Health criteria checks 3/6
ReVolve Renewable Power has a total shareholder equity of $1.3M and total debt of $2.6M, which brings its debt-to-equity ratio to 202.2%. Its total assets and total liabilities are $6.9M and $5.6M respectively.
Key information
202.2%
Debt to equity ratio
US$2.61m
Debt
Interest coverage ratio | n/a |
Cash | US$1.35m |
Equity | US$1.29m |
Total liabilities | US$5.58m |
Total assets | US$6.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REVV's short term assets ($2.6M) do not cover its short term liabilities ($3.1M).
Long Term Liabilities: REVV's short term assets ($2.6M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: REVV's net debt to equity ratio (97.4%) is considered high.
Reducing Debt: Insufficient data to determine if REVV's debt to equity ratio has reduced 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: REVV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: REVV is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.