Solid Power
Financial ratios & Valuation

Historical Multiples (2019 – 2023)

2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-181.96-48.6180.94-46.35-3.93N/A40.47
Price/Sales ratio
736.26332.29539.9937.5614.82N/A288.78
Price/Book Value ratio
129.88180.492.620.790.51N/A1.70
Price/Cash Flow ratio
-195.05-69.92-57.56-13.09-4.43N/A-63.74
Price/Free Cash Flow ratio
-143.07-63.21-38.09-4.78-2.76N/A-50.65
Price/Earnings Growth ratio
N/A-0.17-0.590.26-0.00N/A-0.38
Dividend Yield
N/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
19.96%20.57%-13.31%18.63%-59.28%-8.22%-10.76%
Operating Profit Margin
-406.30%-551.24%-978.83%-501.47%-520.50%-352.93%-765.03%
Pretax Profit Margin
-398.70%-677.92%666.18%-82.97%-376.50%-79.12%293.53%
Net Profit Margin
-404.62%-683.51%667.10%-81.05%-376.50%-81.05%293.02%
Effective Tax Rate
-1.48%-0.82%-0.13%2.32%N/A-2.43%1.09%
Return on Assets
-44.19%-101.18%2.92%-1.60%-12.30%-1.60%0.66%
Return On Equity
-71.38%-371.26%3.23%-1.72%-13.02%-1.71%0.75%
Return on Capital Employed
-48.28%-93.77%-4.35%-10.30%-17.53%-7.25%-5.80%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A15.81N/A
Quick Ratio
6.622.9671.0415.8111.5315.5843.42
Cash ratio
6.312.6961.372.412.172.4131.89
Days of Sales Outstanding
43.6548.07111.5756.9632.55N/A84.27
Days of Inventory outstanding
N/A0.000.00N/AN/AN/A0.00
Operating Cycle
43.6548.07111.5756.9632.55N/A84.27
Days of Payables Outstanding
51.4244.13513.82383.1884.96429.33471.58
Cash Conversion Cycle
-7.773.93-402.25-326.22-52.40-429.33-364.23
Debt Ratios
Debt Ratio
0.300.440.000.00N/A0.060.03
Debt Equity Ratio
0.491.630.000.00N/A0.070.03
Long-term Debt to Capitalization
0.300.560.00N/AN/A0.010.00
Total Debt to Capitalization
0.330.620.000.00N/A0.010.00
Interest Coverage Ratio
N/AN/AN/AN/AN/A-990.64N/A
Cash Flow to Debt Ratio
-1.33-1.57-195.69-40.80N/A-3.36-99.52
Company Equity Multiplier
1.613.661.101.071.051.071.08
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-3.77-4.75-9.38-2.86-3.34-2.86-7.06
Free Cash Flow / Operating Cash Flow Ratio
1.361.101.512.731.600.772.12
Cash Flow Coverage Ratio
-1.33-1.57-195.69-40.80N/A-3.36-99.52
Short Term Coverage Ratio
-12.70-8.09-212-40.80N/A-40.80-126.40
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A