Ayro Balance Sheet Health
Financial Health criteria checks 6/6
Ayro has a total shareholder equity of $21.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $47.9M and $26.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$29.10m |
Equity | US$21.75m |
Total liabilities | US$26.12m |
Total assets | US$47.87m |
Recent financial health updates
Is Ayro (NASDAQ:AYRO) In A Good Position To Deliver On Growth Plans?
Jun 20We Think Ayro (NASDAQ:AYRO) Needs To Drive Business Growth Carefully
Mar 07Recent updates
Is Ayro (NASDAQ:AYRO) In A Good Position To Deliver On Growth Plans?
Jun 20We 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 11Ayro: Another Entrant In The EV Bubble Race
Dec 03Ayro: It Will Continue To Have Legs
Dec 01Ayro Inc.: EV Production Ramp-Up Is The Theme To Watch
Nov 26Just a pause? Investors cash out of some EV high-fliers
Nov 24Ayro skyrockets on $10M registered direct offering
Nov 23Ayro soars again in the EV spotlight; WKHS, BLNK and PLUG also higher
Nov 20What Type Of Shareholders Own The Most Number of Ayro, Inc. (NASDAQ:AYRO) Shares?
Nov 19AYRO reports Q3 results
Nov 06Financial Position Analysis
Short Term Liabilities: AYRO's short term assets ($44.3M) exceed its short term liabilities ($4.0M).
Long Term Liabilities: AYRO's short term assets ($44.3M) exceed its long term liabilities ($22.1M).
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 1.1 years if free cash flow continues to reduce at historical rates of 33.5% each year.