Flying Spark Balance Sheet Health
Financial Health criteria checks 5/6
Flyingrk has a total shareholder equity of ₪17.8M and total debt of ₪1.2M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₪28.8M and ₪11.0M respectively.
Key information
7.0%
Debt to equity ratio
₪1.24m
Debt
Interest coverage ratio | n/a |
Cash | ₪9.16m |
Equity | ₪17.78m |
Total liabilities | ₪11.04m |
Total assets | ₪28.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLYS's short term assets (₪10.0M) exceed its short term liabilities (₪4.4M).
Long Term Liabilities: FLYS's short term assets (₪10.0M) exceed its long term liabilities (₪6.7M).
Debt to Equity History and Analysis
Debt Level: FLYS has more cash than its total debt.
Reducing Debt: FLYS's debt to equity ratio has increased from 0% to 7% 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: FLYS has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FLYS is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.