Flywheel Advanced Technology Balance Sheet Health
Financial Health criteria checks 4/6
Flywheel Advanced Technology has a total shareholder equity of $2.8M and total debt of $1.3M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are $4.6M and $1.8M respectively.
Key information
46.6%
Debt to equity ratio
US$1.29m
Debt
Interest coverage ratio | n/a |
Cash | US$330.34k |
Equity | US$2.77m |
Total liabilities | US$1.82m |
Total assets | US$4.59m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWFW's short term assets ($2.6M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: FWFW's short term assets ($2.6M) exceed its long term liabilities ($476.6K).
Debt to Equity History and Analysis
Debt Level: FWFW's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: FWFW had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: FWFW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FWFW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 84.5% each year