Thunder Power Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Thunder Power Holdings has a total shareholder equity of $6.6M and total debt of $1.3M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are $13.5M and $6.9M respectively.
Key information
19.5%
Debt to equity ratio
US$1.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$33.64k |
| Equity | US$6.55m |
| Total liabilities | US$6.95m |
| Total assets | US$13.50m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIEV's short term assets ($13.5M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: AIEV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AIEV's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AIEV's debt to equity ratio has reduced 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: AIEV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AIEV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 80% each year