Aqua Metals Balance Sheet Health
Financial Health criteria checks 5/6
Aqua Metals has a total shareholder equity of $26.1M and total debt of $3.0M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are $33.6M and $7.5M respectively.
Key information
11.3%
Debt to equity ratio
US$2.96m
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.52m |
| Equity | US$26.06m |
| Total liabilities | US$7.54m |
| Total assets | US$33.60m |
Recent financial health updates
Is Aqua Metals (NASDAQ:AQMS) A Risky Investment?
Dec 06
Aqua Metals (NASDAQ:AQMS) Is Carrying A Fair Bit Of Debt
Jun 30Is Aqua Metals (NASDAQ:AQMS) Using Debt In A Risky Way?
Feb 28Recent updates
Is Aqua Metals (NASDAQ:AQMS) A Risky Investment?
Dec 06Aqua Metals (NASDAQ:AQMS) Is Carrying A Fair Bit Of Debt
Jun 30Is Aqua Metals (NASDAQ:AQMS) Using Debt In A Risky Way?
Feb 28Aqua Metals enters into $6M interim loan agreement
Sep 01We're Keeping An Eye On Aqua Metals' (NASDAQ:AQMS) Cash Burn Rate
Jul 22Aqua Metals and Dragonfly sign LOI for supplying lithium hydroxide
Jul 21Aqua Metals: History Rhymes And I'm Bearish
Jun 29Aqua Metals, Down 82%, Still Don't Quite Buy The Story
Feb 16Companies Like Aqua Metals (NASDAQ:AQMS) Are In A Position To Invest In Growth
Feb 01Aqua Metals (NASDAQ:AQMS) Is In A Good Position To Deliver On Growth Plans
Oct 15Aqua Metals, Inc. - Nibble The Stock For A Covered Call Sale And Monitor For Trading
Aug 22We're Not Very Worried About Aqua Metals' (NASDAQ:AQMS) Cash Burn Rate
Jul 02Aqua Metals to join Russell Microcap Index
Jun 08Analysts Expect Breakeven For Aqua Metals, Inc. (NASDAQ:AQMS) Before Long
May 03Aqua Metals, Inc. (NASDAQ:AQMS): Are Analysts Optimistic?
Jan 20Aqua Metals rallies on improvements to its sustainability focused battery recycling technology
Dec 28Aqua Metals: Licensing Deal Is Coming, Should Significantly Rerate The Undervalued Shares
Dec 24Does Aqua Metals (NASDAQ:AQMS) Have A Healthy Balance Sheet?
Nov 29
Aqua Metals Is An Off The Radar, Cleantech/ESG Play Undergoing A Key Pivot That Should Drive Multiples Of Upside In The Shares
Nov 25Financial Position Analysis
Short Term Liabilities: AQMS's short term assets ($18.3M) exceed its short term liabilities ($4.6M).
Long Term Liabilities: AQMS's short term assets ($18.3M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: AQMS has more cash than its total debt.
Reducing Debt: AQMS's debt to equity ratio has reduced from 25.8% to 11.3% 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: AQMS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AQMS has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.3% each year.