Sunworks Balance Sheet Health
Financial Health criteria checks 4/6
Sunworks has a total shareholder equity of $21.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $67.5M and $45.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.20m |
| Equity | US$21.61m |
| Total liabilities | US$45.89m |
| Total assets | US$67.50m |
Recent financial health updates
Recent updates
Investors Give Sunworks, Inc. (NASDAQ:SUNW) Shares A 26% Hiding
Aug 16
We Think Sunworks (NASDAQ:SUNW) Needs To Drive Business Growth Carefully
Mar 04Sunworks: Strategy Initiatives Are A Step In Right Direction
Oct 05Earnings Beat: Sunworks, Inc. (NASDAQ:SUNW) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
Aug 13Sunworks Q2 2022 Earnings Preview
Aug 08Sunworks: Unprofitable And Overvalued
Jun 16Sunworks appoints Gaylon Morris as CEO
Jan 11Sunworks: Overpriced On Any Metric, No Windfall In Sight
Dec 15Failing to secure stockholder approval, Sunworks terminates merger deal with Peck
Nov 13Financial Position Analysis
Short Term Liabilities: SUNW's short term assets ($49.3M) exceed its short term liabilities ($39.9M).
Long Term Liabilities: SUNW's short term assets ($49.3M) exceed its long term liabilities ($6.0M).
Debt to Equity History and Analysis
Debt Level: SUNW is debt free.
Reducing Debt: SUNW has no debt compared to 5 years ago when its debt to equity ratio was 43.4%.
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: SUNW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SUNW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.3% each year