FREYR Battery Balance Sheet Health
Financial Health criteria checks 6/6
FREYR Battery has a total shareholder equity of $538.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $615.0M and $76.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$186.00m |
| Equity | US$538.69m |
| Total liabilities | US$76.30m |
| Total assets | US$614.99m |
Recent financial health updates
Companies Like FREYR Battery (NYSE:FREY) Could Be Quite Risky
Jul 15
Here's Why We're A Bit Worried About FREYR Battery's (NYSE:FREY) Cash Burn Situation
Mar 22We're A Little Worried About FREYR Battery's (NYSE:FREY) Cash Burn Rate
Sep 24Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?
Jun 08Recent updates
FREYR Battery: The Beaten-Down X-SPAC Restructures And Turns To Solar
Nov 11FREYR Battery: Pessimism Could Be Entirely Priced In
Aug 19Companies Like FREYR Battery (NYSE:FREY) Could Be Quite Risky
Jul 15FREYR Battery Is Progressing With Its Commercialization Process
May 21Here's Why We're A Bit Worried About FREYR Battery's (NYSE:FREY) Cash Burn Situation
Mar 22FREYR Battery: Why I Am Bearish
Mar 13FREYR Battery: Exiting Position After Multiple Red Flags (Rating Downgrade)
Dec 01FREYR Battery: Growth Story Unravels
Nov 13We're A Little Worried About FREYR Battery's (NYSE:FREY) Cash Burn Rate
Sep 24FREYR Battery: Is It Time To Buy The Energy Storage Ramp Story?
Jul 25Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?
Jun 08FREYR Battery Q4 2022 Earnings Preview
Feb 24Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?
Jan 31FREYR Battery: Encouraging Progress On The Path To Cell Production
Jan 18Freyr Battery stock rises on signing of first e-mobility offtake agreement
Jan 12FREYR Battery GAAP EPS of -$0.80 misses by $0.46
Nov 14FREYR Battery: We Need What This Company Does
Nov 08Freyr Battery enters into service agreement with ITOCHU
Oct 27FREYR: A Lean, Green, Battery Making Machine
Oct 06FREYR: Norwegian Lithium Battery Company Targets Manufacturing In U.S. And Europe
Sep 28FREYR Battery: Not A Long-Term Buy Despite Strong Momentum
Sep 22FREYR: Growing Ambitions For Rising, Undiscovered Global Battery Player
Sep 14NTE Process to provide equipment for Freyr Battery's Norway gigafactory
Sep 08Freyr, Nidec form largest JV for battery energy storage products
Aug 30FREYR Battery opens first U.S.-based technology center
Aug 22FREYR Battery GAAP EPS of $0.04 beats by $0.24
Aug 08Financial Position Analysis
Short Term Liabilities: FREY's short term assets ($199.5M) exceed its short term liabilities ($31.4M).
Long Term Liabilities: FREY's short term assets ($199.5M) exceed its long term liabilities ($44.9M).
Debt to Equity History and Analysis
Debt Level: FREY is debt free.
Reducing Debt: FREY had no debt 5 years ago.
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: FREY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FREY has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 43.9% each year.