SoFi Technologies Financial Health
How is SoFi Technologies's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SOFI's short term assets ($15.7B) exceed its short term liabilities ($7.9B).
Long Term Liabilities: SOFI's short term assets ($15.7B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: SOFI's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: Insufficient data to determine if SOFI's debt to equity ratio has reduced over the past 5 years.
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: SOFI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SOFI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 42.4% each year