FTC Solar, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from FTC Solar, Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years operating cash was negative while the company kept spending on investment (capex). Lower than 95% of Technology companies in United States.
- Cash Locked Ratio: For every $100 of sales, $52 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $38 tied up three years earlier. More money tied up than 89% of Technology companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
-33.6×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 95% of Technology companies in United States.
Cash Locked Ratio
$52For every $100 of sales, $52 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $38 tied up three years earlier.
More money tied up than 89% of Technology companies in United States.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Steadier than 54% of Technology companies in United States.
Growth Efficiency Ratio
—Sales fell 19%
Sales fell 19% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-19% / -17%In 3 years sales changed by -19% while total assets changed by -17%. Both moved at about the same pace.
Balance-sheet strength
Debt Due Cover Ratio
-2.6×Operating cash was negative last year, while some debt falls due within a year.
Lower than 80% of Technology companies in United States.
Cash Cushion Ratio
−10%Debt, after subtracting cash, equals 10% of its market value (net debt).
Lower than 71% of Technology companies in United States.
Tangible Assets Ratio
93%Of every $100 the company owns, $93 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 77% of Technology companies in United States.
Tangible Net Worth Ratio
—Data incomplete
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (11)
FTC Solar, Inc. made a loss over the last year. FTC Solar, Inc. owes $1.31 for every $1 it owns. FTC Solar, Inc. made a loss in each of the last two years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
LossFTC Solar, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
-0.81FTC Solar, Inc.'s book value is negative (it owes more than it owns), so P/B is not meaningful.
Market cap
$24 MThe total market value of all of FTC Solar, Inc.'s shares at today's price (share price × number of shares), smaller than 88% of Technology companies in United States. PosiCap size class: Micro Cap.
Net worth (book value)
NegativeFTC Solar, Inc.'s net worth is negative ($30 M below zero, balance sheet 30 Jun 2026): it owes more than it owns, so book value per share and P/B are not meaningful.
Owes vs Owns
1.31×FTC Solar, Inc. owes $1.31 for every $1 it owns, so it owes more than it owns, higher than 96% of Technology companies in United States.
Dividend yield
NoneFTC Solar, Inc. does not currently pay a dividend.
Revenue growth
+111%Revenue rose 111% in the year to Dec 2025, and shrank 7% a year on average over 3 years.
Profit growth
LossFTC Solar, Inc. made a loss in each of the last two years.
Profit margin
-79.8%FTC Solar, Inc. lost $80 for every $100 of revenue.
Interest cover
Not coveredFTC Solar, Inc.'s operating profit did not cover its interest costs in the year to Dec 2025.
Cash vs debt
Net debtFTC Solar, Inc. had $2 M more debt than cash (net debt) at Dec 2025.
Questions
How much does FTC Solar, Inc. owe compared with what it owns?
FTC Solar, Inc. owes $1.31 for every $1 it owns, so it owes more than it owns, higher than 96% of Technology companies in United States.
Does FTC Solar, Inc. pay a dividend?
No. FTC Solar, Inc. does not currently pay a dividend.
Is FTC Solar, Inc.'s revenue growing?
Revenue rose 111% in the year to Dec 2025, and shrank 7% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.