ASP Isotopes Balance Sheet Health
Financial Health criteria checks 4/6
ASP Isotopes has a total shareholder equity of $14.4M and total debt of $29.1M, which brings its debt-to-equity ratio to 202.7%. Its total assets and total liabilities are $54.8M and $40.4M respectively.
Key information
202.7%
Debt to equity ratio
US$29.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$28.26m |
| Equity | US$14.36m |
| Total liabilities | US$40.40m |
| Total assets | US$54.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASPI's short term assets ($32.1M) exceed its short term liabilities ($8.0M).
Long Term Liabilities: ASPI's short term assets ($32.1M) do not cover its long term liabilities ($32.4M).
Debt to Equity History and Analysis
Debt Level: ASPI's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASPI's debt to equity ratio has reduced 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: ASPI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ASPI is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.