Getaround Balance Sheet Health
Financial Health criteria checks 2/6
Getaround has a total shareholder equity of $3.1M and total debt of $62.5M, which brings its debt-to-equity ratio to 2003.7%. Its total assets and total liabilities are $161.1M and $158.0M respectively.
Key information
2,003.7%
Debt to equity ratio
US$62.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.17m |
| Equity | US$3.12m |
| Total liabilities | US$158.02m |
| Total assets | US$161.14m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GETR's short term assets ($26.6M) do not cover its short term liabilities ($99.7M).
Long Term Liabilities: GETR's short term assets ($26.6M) do not cover its long term liabilities ($58.3M).
Debt to Equity History and Analysis
Debt Level: GETR's net debt to equity ratio (1453.2%) is considered high.
Reducing Debt: Insufficient data to determine if GETR'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: GETR has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GETR has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 5.8% each year.