Flexpoint Sensor Systems Balance Sheet Health
Financial Health criteria checks 0/6
Flexpoint Sensor Systems has a total shareholder equity of $254.5K and total debt of $1.6M, which brings its debt-to-equity ratio to 633.3%. Its total assets and total liabilities are $5.2M and $5.0M respectively.
Key information
633.3%
Debt to equity ratio
US$1.61m
Debt
Interest coverage ratio | n/a |
Cash | US$6.67k |
Equity | US$254.48k |
Total liabilities | US$4.97m |
Total assets | US$5.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLXT's short term assets ($51.0K) do not cover its short term liabilities ($4.8M).
Long Term Liabilities: FLXT's short term assets ($51.0K) do not cover its long term liabilities ($204.1K).
Debt to Equity History and Analysis
Debt Level: FLXT's net debt to equity ratio (630.7%) is considered high.
Reducing Debt: FLXT's debt to equity ratio has increased from 77.9% to 633.3% 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: FLXT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FLXT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.1% each year