FTC Solar, Inc. Balance Sheet
FTCI|5 years of annual SEC 10-K data (FY2021-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 5 fiscal years. All figures from audited SEC 10-K filings.
FTC Solar, Inc. had $112M in total assets and $19M in shareholders' equity as of FY2025. Total debt was $10M against $21M in cash, resulting in a $11M net cash position.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.77 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $21.1M | $25.2M | $25.2M | $44.4M | $102.2M |
| Accounts Receivable | $55.7M | $39.7M | $65.3M | $49.1M | $107.5M |
| Inventory | $9.6M | $10.1M | $3.9M | $14.9M | $8.9M |
| Current Assets | $97.8M | $76.1M | $108.5M | $118.7M | $235.8M |
| PP&E (Net) | $3.8M | $2.2M | $1.8M | $1.7M | $1.6M |
| Goodwill | $7.1M | $7.4M | $7.5M | $0 | - |
| Total Assets | $111.8M | $89.9M | $123.1M | $134.4M | $243.0M |
| Current Liabilities | $68.2M | $49.1M | $54.7M | $60.3M | $93.2M |
| Total Debt | $9.9M | $9.5M | - | - | - |
| Shareholders' Equity | $19.0M | $62.5M | $66.5M | $7.5M | -$8.4M |