Faraday Future Intelligent Electric Balance Sheet Health
Financial Health criteria checks 1/6
Faraday Future Intelligent Electric has a total shareholder equity of $156.8M and total debt of $102.1M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are $449.1M and $292.3M respectively.
Key information
65.1%
Debt to equity ratio
US$102.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.27m |
| Equity | US$156.76m |
| Total liabilities | US$292.33m |
| Total assets | US$449.09m |
Financial Position Analysis
Short Term Liabilities: FFIE's short term assets ($79.7M) do not cover its short term liabilities ($247.9M).
Long Term Liabilities: FFIE's short term assets ($79.7M) exceed its long term liabilities ($44.4M).
Debt to Equity History and Analysis
Debt Level: FFIE's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: Insufficient data to determine if FFIE'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: FFIE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FFIE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.2% each year