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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:25 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Greenwave Technology Solutions, Inc. is covered by 2 analysts. 0 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 |
|---|---|
| James McIlree | Chardan Capital Markets, LLC |
| Ajay Tandon | SeeThruEquity, LLC |