Greenwave Technology Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Greenwave Technology Solutions has a total shareholder equity of $51.3M and total debt of $7.4M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are $69.6M and $18.3M respectively.
Key information
14.4%
Debt to equity ratio
US$7.39m
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.20m |
| Equity | US$51.27m |
| Total liabilities | US$18.30m |
| Total assets | US$69.58m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Even Though It's 71% Cheaper
Aug 15
Market Cool On Greenwave Technology Solutions, Inc.'s (NASDAQ:GWAV) Revenues Pushing Shares 40% Lower
Mar 07Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Could Be Riskier Than It Looks
Jul 17Greenwave Technology appoints Ashley Sickles as CFO
Sep 19Greenwave Technology to withdraw registration statement on Form S-3
Aug 25Financial Position Analysis
Short Term Liabilities: GWAV's short term assets ($19.8M) exceed its short term liabilities ($13.0M).
Long Term Liabilities: GWAV's short term assets ($19.8M) exceed its long term liabilities ($5.3M).
Debt to Equity History and Analysis
Debt Level: GWAV has more cash than its total debt.
Reducing Debt: GWAV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GWAV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GWAV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.3% each year