NeoVolta Financial Health
How is NeoVolta's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: NEOV's short term assets ($7.8M) exceed its short term liabilities ($342.6K).
Long Term Liabilities: NEOV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NEOV is debt free.
Reducing Debt: NEOV had no debt 5 years ago.
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: NEOV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NEOV has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 8% each year.