Maxeon Solar Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Maxeon Solar Technologies has a total shareholder equity of $-21.8M and total debt of $366.3M, which brings its debt-to-equity ratio to -1679.3%. Its total assets and total liabilities are $764.2M and $786.0M respectively.
Key information
-1,679.3%
Debt to equity ratio
US$366.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$81.38m |
| Equity | -US$21.81m |
| Total liabilities | US$785.97m |
| Total assets | US$764.16m |
Recent financial health updates
Recent updates
Maxeon Solar Technologies: Avoid On Weak Near-Term Outlook And Massive Dilution
Oct 10Maxeon Solar Technologies Preliminary Q4 Earnings: Don't Buy This Dip
Apr 09Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough
Apr 06
Maxeon Solar Technologies: The Jury Is Still Out On This One
Jan 20Analysts Are More Bearish On Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) Than They Used To Be
Nov 20Investors Continue Waiting On Sidelines For Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN)
Jun 21Is Now The Time To Look At Buying Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN)?
Jan 31Financial Position Analysis
Short Term Liabilities: MAXN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MAXN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAXN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MAXN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: MAXN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MAXN has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 16% each year.