Rekor Systems Balance Sheet Health
Financial Health criteria checks 4/6
Rekor Systems has a total shareholder equity of $33.4M and total debt of $26.0M, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are $92.2M and $58.8M respectively.
Key information
78.0%
Debt to equity ratio
US$26.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.39m |
| Equity | US$33.37m |
| Total liabilities | US$58.78m |
| Total assets | US$92.15m |
Recent financial health updates
Is Rekor Systems (NASDAQ:REKR) Using Too Much Debt?
Oct 11
Is Rekor Systems (NASDAQ:REKR) Weighed On By Its Debt Load?
Jun 25Rekor Systems (NASDAQ:REKR) Has Debt But No Earnings; Should You Worry?
Jan 12Despite Lacking Profits Rekor Systems (NASDAQ:REKR) Seems To Be On Top Of Its Debt
Oct 10Rock star Growth Puts Rekor Systems (NASDAQ:REKR) In A Position To Use Debt
Jun 08Recent updates
Why We're Not Concerned Yet About Rekor Systems, Inc.'s (NASDAQ:REKR) 25% Share Price Plunge
Mar 06Rekor Systems, Inc.'s (NASDAQ:REKR) P/S Is Still On The Mark Following 35% Share Price Bounce
Jan 09Is Rekor Systems (NASDAQ:REKR) Using Too Much Debt?
Oct 11Is Rekor Systems (NASDAQ:REKR) Weighed On By Its Debt Load?
Jun 25Rekor Systems (NASDAQ:REKR) Has Debt But No Earnings; Should You Worry?
Jan 12Rekor Systems COO Rodney Hillman to depart, David Desharnais to succeed
Sep 28Rekor Systems Aims For Revenue Growth But Operating Losses Remain High
Sep 02Rekor Systems GAAP EPS of -$0.33 misses by $0.07, revenue of $4.33M beats by $0.52M
Aug 11Rekor Systems stock gains on multimillion dollar contract from Florida DOT
Jul 26Despite Lacking Profits Rekor Systems (NASDAQ:REKR) Seems To Be On Top Of Its Debt
Oct 10It May Be Possible That Rekor Systems, Inc.'s (NASDAQ:REKR) CEO Compensation Could Get Bumped Up
Sep 08Rekor Systems Is Driving Automation Using Video, Recently Shorts Created A Value Opportunity
Aug 06Rock star Growth Puts Rekor Systems (NASDAQ:REKR) In A Position To Use Debt
Jun 08Rekor Systems: Lackluster Growth Runway And Exaggerated Insurance Scheme Raise Substantial Downside Risk
May 26Earnings Release: Here's Why Analysts Cut Their Rekor Systems, Inc. (NASDAQ:REKR) Price Target To US$22.83
May 13Rekor Systems plunges on speculation that Texas bill on uninsured vehicle enforcement may be dead
May 10Rekor Systems, Inc. (NASDAQ:REKR): Is Breakeven Near?
Feb 10Rekor under pressure on launching stock offering
Feb 04Financial Position Analysis
Short Term Liabilities: REKR's short term assets ($25.3M) exceed its short term liabilities ($17.2M).
Long Term Liabilities: REKR's short term assets ($25.3M) do not cover its long term liabilities ($41.5M).
Debt to Equity History and Analysis
Debt Level: REKR's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: REKR's debt to equity ratio has increased from 46% to 78% 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: REKR has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: REKR has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 33.2% each year.