Airgain Balance Sheet Health
Financial Health criteria checks 6/6
Airgain has a total shareholder equity of $31.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $42.2M and $10.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$7.88m |
Equity | US$31.41m |
Total liabilities | US$10.82m |
Total assets | US$42.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6LV's short term assets ($19.1M) exceed its short term liabilities ($10.0M).
Long Term Liabilities: 6LV's short term assets ($19.1M) exceed its long term liabilities ($825.0K).
Debt to Equity History and Analysis
Debt Level: 6LV is debt free.
Reducing Debt: 6LV 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: 6LV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6LV is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.