Ayro Balance Sheet Health
Financial Health criteria checks 6/6
Ayro has a total shareholder equity of $6.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $16.2M and $9.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.30m |
| Equity | US$6.37m |
| Total liabilities | US$9.78m |
| Total assets | US$16.16m |
Recent financial health updates
Recent updates
Is Ayro (NASDAQ:AYRO) In A Good Position To Deliver On Growth Plans?
Jun 20
We Think Ayro (NASDAQ:AYRO) Needs To Drive Business Growth Carefully
Mar 07Will Ayro (NASDAQ:AYRO) Spend Its Cash Wisely?
Oct 19AYRO gets new finance chief
Aug 24AYRO Q2 2022 Earnings Preview
Aug 10We're Keeping An Eye On Ayro's (NASDAQ:AYRO) Cash Burn Rate
Jul 05Is Ayro (NASDAQ:AYRO) In A Good Position To Invest In Growth?
Mar 22We're Hopeful That Ayro (NASDAQ:AYRO) Will Use Its Cash Wisely
Dec 15Ayro: Driven To Deliver Negative Shareholder Value
Oct 18Here's Why We're Not Too Worried About Ayro's (NASDAQ:AYRO) Cash Burn Situation
Aug 20We Think Ayro (NASDAQ:AYRO) Can Afford To Drive Business Growth
May 11Ayro, Inc. (NASDAQ:AYRO) Is Expected To Breakeven In The Near Future
Feb 11What Type Of Shareholders Own The Most Number of Ayro, Inc. (NASDAQ:AYRO) Shares?
Nov 19Financial Position Analysis
Short Term Liabilities: AYRO's short term assets ($15.7M) exceed its short term liabilities ($7.1M).
Long Term Liabilities: AYRO's short term assets ($15.7M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: AYRO is debt free.
Reducing Debt: AYRO currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: AYRO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AYRO has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 15.9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/02 08:55 |
| End of Day Share Price | 2025/06/02 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ayro, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Barry Sine | Spartan Capital Securities, LLC |
| Brian Lantier | Zacks Small-Cap Research |