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iSun Balance Sheet Health
Financial Health criteria checks 1/6
iSun has a total shareholder equity of $13.1M and total debt of $9.8M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are $66.7M and $53.6M respectively.
Key information
74.6%
Debt to equity ratio
US$9.78m
Debt
Interest coverage ratio | n/a |
Cash | US$3.46m |
Equity | US$13.12m |
Total liabilities | US$53.58m |
Total assets | US$66.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4U1A's short term assets ($31.5M) do not cover its short term liabilities ($35.4M).
Long Term Liabilities: 4U1A's short term assets ($31.5M) exceed its long term liabilities ($18.2M).
Debt to Equity History and Analysis
Debt Level: 4U1A's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: 4U1A's debt to equity ratio has increased from 71.6% to 74.6% 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: 4U1A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4U1A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.3% each year