FTC Solar Balance Sheet Health

Financial Health criteria checks 4/6

FTC Solar has a total shareholder equity of $62.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $123.1M and $60.6M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$25.24m
EquityUS$62.47m
Total liabilitiesUS$60.60m
Total assetsUS$123.07m

Recent financial health updates

Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky

Jan 15
Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky

We're Not Very Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn Rate

May 08
We're Not Very Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn Rate

Recent updates

FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Slashed This Year's Estimates

Mar 17
FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Slashed This Year's Estimates

FTC Solar, Inc. (NASDAQ:FTCI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Mar 16
FTC Solar, Inc. (NASDAQ:FTCI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Slammed 26% FTC Solar, Inc. (NASDAQ:FTCI) Screens Well Here But There Might Be A Catch

Feb 06
Slammed 26% FTC Solar, Inc. (NASDAQ:FTCI) Screens Well Here But There Might Be A Catch

Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky

Jan 15
Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky

FTC Solar, Inc. (NASDAQ:FTCI) Stock Catapults 82% Though Its Price And Business Still Lag The Industry

Dec 18
FTC Solar, Inc. (NASDAQ:FTCI) Stock Catapults 82% Though Its Price And Business Still Lag The Industry

Revenue Downgrade: Here's What Analysts Forecast For FTC Solar, Inc. (NASDAQ:FTCI)

Nov 09
Revenue Downgrade: Here's What Analysts Forecast For FTC Solar, Inc. (NASDAQ:FTCI)

Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates

Aug 11
Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates

Investors Appear Satisfied With FTC Solar, Inc.'s (NASDAQ:FTCI) Prospects As Shares Rocket 34%

Apr 17
Investors Appear Satisfied With FTC Solar, Inc.'s (NASDAQ:FTCI) Prospects As Shares Rocket 34%

FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Trimmed Their Revenue Forecasts By 10%

Mar 16
FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Trimmed Their Revenue Forecasts By 10%

Analyst Forecasts Just Got A Lot More Bearish On FTC Solar, Inc. (NASDAQ:FTCI)

Nov 12
Analyst Forecasts Just Got A Lot More Bearish On FTC Solar, Inc. (NASDAQ:FTCI)

FTC Solar gains on announcing agreement with Primoris

Sep 15

Analysts Have Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue Estimates By 14%

Aug 11
Analysts Have Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue Estimates By 14%

FTC Solar Non-GAAP EPS of -$0.18 misses by $0.02, revenue of $30.72M misses by $1.72M

Aug 09

A First Look At FTC Solar

Jun 13

Earnings Update: FTC Solar, Inc. (NASDAQ:FTCI) Just Reported And Analysts Are Trimming Their Forecasts

May 12
Earnings Update: FTC Solar, Inc. (NASDAQ:FTCI) Just Reported And Analysts Are Trimming Their Forecasts

We're Not Very Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn Rate

May 08
We're Not Very Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn Rate

Financial Position Analysis

Short Term Liabilities: FTCI's short term assets ($108.5M) exceed its short term liabilities ($54.7M).

Long Term Liabilities: FTCI's short term assets ($108.5M) exceed its long term liabilities ($5.9M).


Debt to Equity History and Analysis

Debt Level: FTCI is debt free.

Reducing Debt: FTCI had no debt 5 years ago.


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: FTCI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FTCI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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