Ideal Power Balance Sheet Health
Financial Health criteria checks 6/6
Ideal Power has a total shareholder equity of $20.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $22.6M and $2.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$18.66m |
| Equity | US$20.22m |
| Total liabilities | US$2.38m |
| Total assets | US$22.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5ILA's short term assets ($19.0M) exceed its short term liabilities ($906.6K).
Long Term Liabilities: 5ILA's short term assets ($19.0M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: 5ILA is debt free.
Reducing Debt: 5ILA had no debt 5 years ago.
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: 5ILA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 5ILA has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 11.2% each year.