Aqua Metals Balance Sheet Health
Financial Health criteria checks 3/6
Aqua Metals has a total shareholder equity of $20.9M and total debt of $3.0M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are $28.5M and $7.6M respectively.
Key information
14.3%
Debt to equity ratio
US$2.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.95m |
| Equity | US$20.90m |
| Total liabilities | US$7.59m |
| Total assets | US$28.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQK0's short term assets ($4.2M) do not cover its short term liabilities ($7.1M).
Long Term Liabilities: AQK0's short term assets ($4.2M) exceed its long term liabilities ($520.0K).
Debt to Equity History and Analysis
Debt Level: AQK0's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: AQK0's debt to equity ratio has reduced from 15.4% to 14.3% 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: AQK0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AQK0 has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.5% each year.