CarLotz Balance Sheet Health
Financial Health criteria checks 5/6
Key information
4.1%
Debt to equity ratio
US$5.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$112.93m |
| Equity | US$133.77m |
| Total liabilities | US$76.77m |
| Total assets | US$210.54m |
Recent financial health updates
Recent updates
CarLotz: High-Return Merger Arb Play
Aug 23CarLotz - Time To Abandon Ship
Mar 16Why CarLotz Stock Looks Attractive Right Now
Jan 04My DCF Model And Marketing Expenditures Make CarLotz A Buy
Nov 19CarLotz Is A Buy At 1.15x Forward Sales
Aug 14CarLotz falls after losing key sourcing partner temporarily
May 26Financial Position Analysis
Short Term Liabilities: LOTZ's short term assets ($160.0M) exceed its short term liabilities ($46.5M).
Long Term Liabilities: LOTZ's short term assets ($160.0M) exceed its long term liabilities ($30.3M).
Debt to Equity History and Analysis
Debt Level: LOTZ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LOTZ'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: LOTZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LOTZ has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 58.2% each year.