Aeluma Balance Sheet Health
Financial Health criteria checks 4/6
Aeluma has a total shareholder equity of $1.7M and total debt of $1.1M, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are $6.3M and $4.6M respectively.
Key information
64.0%
Debt to equity ratio
US$1.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.50m |
| Equity | US$1.71m |
| Total liabilities | US$4.64m |
| Total assets | US$6.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMU's short term assets ($4.0M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: ALMU's short term assets ($4.0M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: ALMU has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ALMU'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: ALMU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ALMU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.1% each year