Unusual Machines Balance Sheet Health
Financial Health criteria checks 5/6
Unusual Machines has a total shareholder equity of $19.2M and total debt of $3.0M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are $24.5M and $5.3M respectively.
Key information
15.6%
Debt to equity ratio
US$3.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.75m |
| Equity | US$19.23m |
| Total liabilities | US$5.30m |
| Total assets | US$24.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMAC's short term assets ($4.5M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: UMAC's short term assets ($4.5M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: UMAC's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if UMAC's debt to equity ratio has reduced over the past 5 years.
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: UMAC has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: UMAC is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.