This company has been acquired
Romeo Power Balance Sheet Health
Financial Health criteria checks 4/6
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$38.71m |
| Equity | US$210.89m |
| Total liabilities | US$64.33m |
| Total assets | US$275.23m |
Recent financial health updates
Recent updates
Romeo Power: Merger With Nikola Is A Must
Aug 09Where Art Thou Cash, Romeo?
Mar 01Romeo Power: Battery Technology Junior May Have Got Strategy Wrong
Sep 17Romeo Power's (NYSE:RMO) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 24
Romeo Power appoints Kerry Shiba as CFO, Yun Han as CAO
Jun 16Romeo Power: Attractive Entry Point For Choice Pick In EV Battery Space
Apr 26Financial Position Analysis
Short Term Liabilities: RMO's short term assets ($101.4M) exceed its short term liabilities ($33.6M).
Long Term Liabilities: RMO's short term assets ($101.4M) exceed its long term liabilities ($30.7M).
Debt to Equity History and Analysis
Debt Level: RMO is debt free.
Reducing Debt: RMO 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: RMO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RMO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/16 01:39 |
| End of Day Share Price | 2022/10/14 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Romeo Power, Inc. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gregory Lewis | BTIG |
| Adam Jonas | Morgan Stanley |
| Gabriel Daoud | TD Cowen |