Wrap Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Wrap Technologies has a total shareholder equity of $20.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $31.7M and $11.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.93m |
| Equity | US$20.57m |
| Total liabilities | US$11.10m |
| Total assets | US$31.67m |
Recent financial health updates
Recent updates
Wrap Technologies: Intriguing Technology, Uncertain Future
Jan 22Wrap announces sale of Wrap Reality Societal Reentry Enterprise Platform
Jul 21Companies Like Wrap Technologies (NASDAQ:WRAP) Are In A Position To Invest In Growth
Mar 21
Wrap Technologies' BolaWrap Was Only Used Once In The LAPD Pilot Program Extension, And Other Bearish Events
Jun 07Is Wrap Technologies, Inc. (NASDAQ:WRAP) Popular Amongst Insiders?
Mar 11Wrap Technologies' (NASDAQ:WRAP) Shareholders Are Down 23% On Their Shares
Jan 27Don't Ignore The Fact That This Insider Just Sold Some Shares In Wrap Technologies, Inc. (NASDAQ:WRAP)
Dec 23
WRAP Technologies acquires NSENA, a virtual reality training provider
Dec 16What Kind Of Shareholders Hold The Majority In Wrap Technologies, Inc.'s (NASDAQ:WRAP) Shares?
Dec 09Wrap Technologies changes its ticker to “WRAP”
Nov 30WRAP expands ballistic shield product line
Nov 23Financial Position Analysis
Short Term Liabilities: WRAP's short term assets ($25.8M) exceed its short term liabilities ($10.8M).
Long Term Liabilities: WRAP's short term assets ($25.8M) exceed its long term liabilities ($281.0K).
Debt to Equity History and Analysis
Debt Level: WRAP is debt free.
Reducing Debt: WRAP has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
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: WRAP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WRAP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.4% each year