Fisker Balance Sheet Health
Financial Health criteria checks 2/6
Fisker has a total shareholder equity of $-98.1M and total debt of $1.2B, which brings its debt-to-equity ratio to -1250.9%. Its total assets and total liabilities are $1.8B and $1.9B respectively.
Key information
-1,250.9%
Debt to equity ratio
US$1.23b
Debt
| Interest coverage ratio | n/a |
| Cash | US$325.45m |
| Equity | -US$98.08m |
| Total liabilities | US$1.93b |
| Total assets | US$1.83b |
Recent financial health updates
Recent updates
Fisker: Precarious Situation
Mar 24Fisker Q4: EV Dreams Are Fizzling Out [Downgrade]
Mar 11Investors Give Fisker Inc. (NYSE:FSR) Shares A 40% Hiding
Mar 02
Fisker: Potential Trouble Brewing (Rating Downgrade)
Jan 04Fisker: Falling Behind In The EV Race
Dec 21Fisker: Unloved And Collapsing, Why?
Dec 08Fisker: Strong Value Near 1-Year Lows (Ratings Upgrade)
Nov 19Fisker: Is The Upside Large Enough To Offset The Potential Downside?
Nov 08Fisker: Avoid This Heavily Shorted EV Stock
Oct 24Fisker: Still Not A Believer
Sep 06Fisker Moves To Charge Ahead In EV Race
Aug 16Fisker: Not Buying Just Yet
Jul 12At US$5.46, Is Fisker Inc. (NYSE:FSR) Worth Looking At Closely?
Jun 22Fisker: High Risk But Potentially High Reward
Jun 12Fisker Q4 2022 Earnings Preview
Feb 26Fisker: Market Showing Less Confidence
Jan 16Fisker: Most Intriguing 2023 EV Story
Jan 10Should You Think About Buying Fisker Inc. (NYSE:FSR) Now?
Dec 19Financial Position Analysis
Short Term Liabilities: FSRN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FSRN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FSRN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FSRN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: FSRN has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FSRN has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 59.4% each year.