Flywheel Advanced Technology Balance Sheet Health
Financial Health criteria checks 4/6
Flywheel Advanced Technology has a total shareholder equity of $2.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.8M and $2.1M respectively. Flywheel Advanced Technology's EBIT is $526.3K making its interest coverage ratio 48.9. It has cash and short-term investments of $453.5K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 48.9x |
| Cash | US$453.47k |
| Equity | US$2.67m |
| Total liabilities | US$2.11m |
| Total assets | US$4.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWFW's short term assets ($4.8M) exceed its short term liabilities ($2.1M).
Long Term Liabilities: FWFW has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FWFW is debt free.
Reducing Debt: FWFW currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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 71.8% each year