iPower Balance Sheet Health
Financial Health criteria checks 5/6
iPower has a total shareholder equity of $17.8M and total debt of $5.0M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are $49.1M and $31.3M respectively.
Key information
28.4%
Debt to equity ratio
US$5.05m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.49m |
| Equity | US$17.76m |
| Total liabilities | US$31.31m |
| Total assets | US$49.07m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does iPower (NASDAQ:IPW) Use Debt?
Apr 19
iPower Inc. (NASDAQ:IPW) Shares Fly 32% But Investors Aren't Buying For Growth
Feb 18Not Many Are Piling Into iPower Inc. (NASDAQ:IPW) Stock Yet As It Plummets 42%
Aug 08iPower Inc. (NASDAQ:IPW) Analysts Are More Bearish Than They Used To Be
Feb 17iPower GAAP EPS of -$0.05 misses by $0.09, revenue of $22.1M beats by $1.1M
Sep 27iPower Targets Diversification Efforts
Jun 28Financial Position Analysis
Short Term Liabilities: IPW's short term assets ($30.5M) exceed its short term liabilities ($25.8M).
Long Term Liabilities: IPW's short term assets ($30.5M) exceed its long term liabilities ($5.5M).
Debt to Equity History and Analysis
Debt Level: IPW's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IPW'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: Whilst unprofitable IPW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IPW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.8% per year.