ZOOZ Power Balance Sheet Health
Financial Health criteria checks 5/6
ZOOZ Power has a total shareholder equity of $11.9M and total debt of $2.9M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are $18.0M and $6.1M respectively.
Key information
24.6%
Debt to equity ratio
US$2.93m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.23m |
| Equity | US$11.89m |
| Total liabilities | US$6.12m |
| Total assets | US$18.01m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ZOOZ's short term assets ($15.1M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: ZOOZ's short term assets ($15.1M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: ZOOZ has more cash than its total debt.
Reducing Debt: ZOOZ's debt to equity ratio has increased from 0% to 24.6% 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: ZOOZ has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ZOOZ has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 26.8% each year.