iPower Balance Sheet Health
Financial Health criteria checks 5/6
iPower has a total shareholder equity of $19.0M and total debt of $6.0M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are $50.4M and $31.4M respectively.
Key information
31.7%
Debt to equity ratio
US$6.01m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.71m |
| Equity | US$18.97m |
| Total liabilities | US$31.45m |
| Total assets | US$50.42m |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For iPower Inc. (NASDAQ:IPW) After Shares Rise 249%
Jun 14
Health Check: How Prudently Does iPower (NASDAQ:IPW) Use Debt?
Apr 19iPower 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 ($33.1M) exceed its short term liabilities ($26.5M).
Long Term Liabilities: IPW's short term assets ($33.1M) exceed its long term liabilities ($4.9M).
Debt to Equity History and Analysis
Debt Level: IPW's net debt to equity ratio (17.4%) 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 27.9% per year.