Aspen Aerogels Balance Sheet Health
Financial Health criteria checks 4/6
Aspen Aerogels has a total shareholder equity of $491.2M and total debt of $118.0M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are $698.0M and $206.8M respectively.
Key information
24.0%
Debt to equity ratio
US$118.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$101.46m |
| Equity | US$491.20m |
| Total liabilities | US$206.79m |
| Total assets | US$697.99m |
Recent financial health updates
Health Check: How Prudently Does Aspen Aerogels (NYSE:ASPN) Use Debt?
Apr 05
Aspen Aerogels (NYSE:ASPN) Is Making Moderate Use Of Debt
Nov 03Is Aspen Aerogels (NYSE:ASPN) Weighed On By Its Debt Load?
Feb 26Aspen Aerogels (NYSE:ASPN) Has Debt But No Earnings; Should You Worry?
Oct 27Is Aspen Aerogels (NYSE:ASPN) A Risky Investment?
Jul 16Companies Like Aspen Aerogels (NYSE:ASPN) Are In A Position To Invest In Growth
Dec 24Recent updates
Health Check: How Prudently Does Aspen Aerogels (NYSE:ASPN) Use Debt?
Apr 05Aspen Aerogels: Impressive And Intriguing
Mar 25Aspen Aerogels, Inc. (NYSE:ASPN) Looks Just Right With A 53% Price Jump
Mar 08Analysts Have Made A Financial Statement On Aspen Aerogels, Inc.'s (NYSE:ASPN) Full-Year Report
Feb 15Powering Up The EV Market: Mini Deep Dive On Aspen Aerogels
Jan 08Why Investors Shouldn't Be Surprised By Aspen Aerogels, Inc.'s (NYSE:ASPN) 40% Share Price Surge
Dec 22Aspen Aerogels: Phoenix Rising - Assessing The Shifts, Challenges, And Potential Future Triumphs
Nov 13Aspen Aerogels (NYSE:ASPN) Is Making Moderate Use Of Debt
Nov 03Aspen Aerogels: Margin Expansion But Still A Lot Of Uncertainties
Sep 28The Price Is Right For Aspen Aerogels, Inc. (NYSE:ASPN) Even After Diving 25%
Aug 12Aspen Aerogels: Not Insulating Investors From The Cold
Jun 20Is Aspen Aerogels (NYSE:ASPN) Weighed On By Its Debt Load?
Feb 26Aspen Aerogels Q4 results beat estimates, co guides FY 2023 revenue in-line
Feb 15Aspen Aerogels: No Reason To Be In A Hurry, Ample Headwinds In 2023
Jan 08Aspen Aerogels (NYSE:ASPN) Has Debt But No Earnings; Should You Worry?
Oct 27Aspen Aerogels reports Q3 earnings miss; narrows FY22 earnings guidance
Oct 27Is Aspen Aerogels (NYSE:ASPN) A Risky Investment?
Jul 16Aspen Aerogels soars ~56% following its decision to not advance with stock and debt offering
Jun 30Aspen Aerogels: The Next Big Opportunity
Apr 28Aspen Aerogels: Highly Speculative
Feb 22Companies Like Aspen Aerogels (NYSE:ASPN) Are In A Position To Invest In Growth
Dec 24Financial Position Analysis
Short Term Liabilities: ASPN's short term assets ($255.1M) exceed its short term liabilities ($63.6M).
Long Term Liabilities: ASPN's short term assets ($255.1M) exceed its long term liabilities ($143.2M).
Debt to Equity History and Analysis
Debt Level: ASPN's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: ASPN's debt to equity ratio has increased from 5.1% to 24% 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: ASPN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASPN has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 58.3% each year.