Airthings Balance Sheet Health
Financial Health criteria checks 5/6
Airthings has a total shareholder equity of $44.1M and total debt of $1.3M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are $55.8M and $11.7M respectively.
Key information
3.0%
Debt to equity ratio
US$1.33m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.03m |
| Equity | US$44.13m |
| Total liabilities | US$11.70m |
| Total assets | US$55.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 64J's short term assets ($37.3M) exceed its short term liabilities ($9.0M).
Long Term Liabilities: 64J's short term assets ($37.3M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: 64J has more cash than its total debt.
Reducing Debt: 64J's debt to equity ratio has reduced from 15.6% to 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: 64J has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 64J has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.