Aeva Technologies, Inc. — financial distress indicators
Financial-health summary
Aeva Technologies, Inc.'s reported numbers place it in the 'Watch' financial-health band (distress score 36/100). The main indicators are losses in each of the last 3 years, operations consume cash and cash runway under 24 months. In its favour: revenue still growing (+99% yoy).
Stress by dimension
Share price — last 12 months
Indicators behind the score
Each red flag shows the evidence from the company’s own filings and the financial or legal principle behind it. Points add to the 0–100 score.
Net income negative in 3 of 3 fiscal years.
Persistent losses erode equity and the capacity to absorb shocks.
Operating cash flow negative in 3 of the last 3 years.
A business that cannot fund itself from operations depends on external capital to survive.
Cash covers ~18 months of free-cash-flow burn.
Funding needs within two years make the company dependent on capital-market access.
Price is -65% from its 52-week high.
For financial firms a share-price run often precedes a deposit or funding run (confidence channel).
Revenue vs net income
Cash generation
Debt vs cash vs equity
✅ Mitigating factors
- Revenue still growing (+99% YoY).
📰 Recent news scan
- Aeva 4D LiDAR Certified as Sensys Gatso’s Secondary Speed Verification Solution for Public Roads Deployment in AustraliaYahoo Finance · 2026-10-20
- Aeva Announces Date for Third Quarter 2026 Results and Conference CallYahoo Finance · 2026-10-14
- Is Aeva Technologies (AEVA) Priced For Perfection After A 3x Run?Yahoo Finance · 2026-09-22
- Aeva Technologies (AEVA) Down 39.6% Since Last Earnings Report: Can It Rebound?Yahoo Finance · 2026-09-04
- Robotics Stocks Punished Tuesday in AI Sell-Off: Ouster Down 10%, Aeva Technologies Down 12%, Symbotic Down 4%Yahoo Finance · 2026-08-18
- Aeva (AEVA) Q2 2026 Earnings Call TranscriptYahoo Finance · 2026-08-12
⚖️ U.S. legal pathway — Title 11, U.S. Code
Which chapter would apply?
- Chapter 11 — reorganisation. Management usually stays in control as debtor-in-possession; the automatic stay (§362) halts collection; a plan must meet the best-interests test (§1129(a)(7)) and the absolute priority rule (§1129(b)) — creditors are paid before shareholders, who are frequently wiped out.
- Chapter 7 — liquidation. A trustee sells assets and distributes proceeds by statutory priority (§§507, 726).
- Subchapter V (“Chapter 5”) is a fast track for small-business debtors under a statutory debt cap, but SEC-reporting companies are excluded (§101(51D)) — so it rarely applies to listed companies.
What typically triggers a filing
- Payment default or covenant breach lenders will not waive; a debt maturity that cannot be refinanced.
- Auditor going-concern doubt (ASC 205-40 / PCAOB AS 2415) — often itself a default trigger in loan agreements.
- Creditors can force a case with an involuntary petition (§303) if debts are not paid as they come due.
- Delisting after sustained sub-$1 prices or equity deficits cuts off equity funding.
Transactions shortly before filing can be clawed back (preferences — 90 days, §547; fraudulent transfers — 2 years, §548).
Frequently asked questions
What do Aeva Technologies, Inc.'s financial-health indicators show?
As of 2026-10-23, Aeva Technologies, Inc.'s public financial data places it in the 'Watch' band with a distress score of 36/100, driven by losses in each of the last 3 years, operations consume cash and cash runway under 24 months. This is a statistical screen of reported numbers — it does not mean the company is insolvent, has defaulted or will enter insolvency proceedings.
What is Aeva Technologies, Inc.'s financial distress score?
36/100 ('Watch').
What works in Aeva Technologies, Inc.'s favour?
Revenue still growing (+99% YoY).
How are shareholders treated if a company enters insolvency?
In a Chapter 11 reorganisation the absolute priority rule pays secured lenders, then unsecured creditors, before shareholders — so existing shares are usually cancelled or heavily diluted. In Chapter 7 the company is liquidated and shareholders rarely recover anything.
Other IT & Software companies with distress indicators
- Cyabra, Inc. (CYAB)Very weak 100/100
- Exyn Technologies, Inc. (EXYN)Very weak 100/100
- Game Your Game, Inc. (GYGY)Very weak 100/100
- The OLB Group, Inc. (OLB)Very weak 100/100
- Obook Holdings Inc. (OWLS)Very weak 100/100
- Roadzen, Inc. (RDZN)Very weak 100/100
Methodology
Score = capped sum of rule-based red flags across seven dimensions (liquidity, solvency, profitability, cash flow, sales trend, market signal, news). Ohlson O-score (1980) gives an accounting-based 1-year failure probability; Merton distance-to-default (Bharath & Shumway 2008) gives a market-implied probability. Financial institutions use a capital-based rule set. Recalculated every trading day from the latest filings, prices and news.