ParaZero Technologies Balance Sheet Health
Financial Health criteria checks 5/6
ParaZero Technologies has a total shareholder equity of $4.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.1M and $3.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.29m |
| Equity | US$4.11m |
| Total liabilities | US$3.03m |
| Total assets | US$7.14m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRZO's short term assets ($6.5M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: PRZO's short term assets ($6.5M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: PRZO is debt free.
Reducing Debt: PRZO had no debt 5 years ago.
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: PRZO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PRZO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.3% each year