We're Keeping An Eye On Solid Power's (NASDAQ:SLDP) Cash Burn Rate [Yahoo! Finance]
Solid Power, Inc. - Class A (SLDP)
Company Research
Source: Yahoo! Finance
For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. So, the natural question for Solid Power NASDAQ:SLDP ) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. See our latest analysis for Solid Power How Long Is Solid Power's Cash Runway? A company's cash runway is calculated by dividing its cash hoard by its cash burn. In December 2023, Solid Power had US$176m in cash, and was debt-free. In the last year, its cash burn was US$93m. So it had a cash runway of approximately 23 months from December 2023. That's not to
Show less
Read more
Impact Snapshot
Event Time:
SLDP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SLDP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SLDP alerts
High impacting Solid Power, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
SLDP
News
- Global Non-Aqueous Electrolyte Industry Research 2023-2032: Manufacturers Seeking Opportunities in EVs, Solid-State Lithium-Metal Batteries, and Growing Investments in Energy Storage Solutions [Yahoo! Finance]Yahoo! Finance
- Solid Power, Inc. Announces Timing of First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Solid Power Announces Upcoming Investor Conference ScheduleGlobeNewswire
- Solid Power: Balanced Risk-Reward, Staying On The Sidelines For Now [Seeking Alpha]Seeking Alpha
- Global Planar Solid Oxide Fuel Cell Market Forecasts Promising Growth by 2030 [Yahoo! Finance]Yahoo! Finance
SLDP
Earnings
- 11/7/23 - Beat
SLDP
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- SLDP's page on the SEC website