Faraday Future Intelligent Electric Balance Sheet Health
Financial Health criteria checks 4/6
Faraday Future Intelligent Electric has a total shareholder equity of $261.8M and total debt of $109.2M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $579.5M and $317.7M respectively.
Key information
41.7%
Debt to equity ratio
US$109.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.71m |
| Equity | US$261.80m |
| Total liabilities | US$317.72m |
| Total assets | US$579.53m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FFIE's short term assets ($127.3M) do not cover its short term liabilities ($191.2M).
Long Term Liabilities: FFIE's short term assets ($127.3M) exceed its long term liabilities ($126.6M).
Debt to Equity History and Analysis
Debt Level: FFIE's net debt to equity ratio (39.1%) is considered satisfactory.
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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FFIE is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.