SmartRent Balance Sheet Health
Financial Health criteria checks 6/6
SmartRent has a total shareholder equity of $329.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $475.3M and $146.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$187.44m |
| Equity | US$329.38m |
| Total liabilities | US$145.96m |
| Total assets | US$475.35m |
Recent financial health updates
Recent updates
SmartRent: An Activist Emerges
May 17SmartRent: Downgrading To Hold Due To Uncertainties In FY24
Mar 25SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Mar 08
SmartRent: Profitability On The Horizon
Feb 09We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn
Dec 18Should You Think About Buying SmartRent, Inc. (NYSE:SMRT) Now?
Nov 09SmartRent: Heading In The Right Direction
Nov 01SmartRent: Positive On The Profitable Growth Approach
Aug 22Old West - SmartRent: No Serious Competition And Rapidly Riding To Profitability
Jul 23SmartRent: Accelerated Revenue Recognition For New SmartHubs Superficially And Temporarily Boosts Stagnating Low-Margin Business
Jun 29SmartRent: The Smart Way To Invest In Smart Homes And Proptech
Jun 01Land & Buildings Investment exits Prologis, Park Hotels during Q4
Feb 14SmartRent: Leading Player In A Large Industry
Jan 10SmartRent: Supply Chain Must Improve To Gain Momentum
Dec 16Time To Worry? Analysts Are Downgrading Their SmartRent, Inc. (NYSE:SMRT) Outlook
Aug 16Land & Buildings takes new stake in SmartRent, exits Blackstone, Jones Lang LaSalle
Aug 16SmartRent: Even Considering The Risks, There Is Upside Potential
Jun 30Sizing Up SmartRent
Jun 13Financial Position Analysis
Short Term Liabilities: SMRT's short term assets ($313.8M) exceed its short term liabilities ($100.3M).
Long Term Liabilities: SMRT's short term assets ($313.8M) exceed its long term liabilities ($45.6M).
Debt to Equity History and Analysis
Debt Level: SMRT is debt free.
Reducing Debt: SMRT 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: Whilst unprofitable SMRT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SMRT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.9% per year.