Expion360 Balance Sheet Health
Financial Health criteria checks 3/6
Expion360 has a total shareholder equity of $5.3M and total debt of $3.2M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are $11.9M and $6.6M respectively.
Key information
59.7%
Debt to equity ratio
US$3.19m
Debt
Interest coverage ratio | n/a |
Cash | US$3.93m |
Equity | US$5.35m |
Total liabilities | US$6.56m |
Total assets | US$11.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XPON's short term assets ($8.3M) exceed its short term liabilities ($4.0M).
Long Term Liabilities: XPON's short term assets ($8.3M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: XPON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if XPON'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: XPON has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XPON has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.1% each year