Adcore Balance Sheet Health
Financial Health criteria checks 6/6
Adcore has a total shareholder equity of $8.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.9M and $4.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.92m |
| Equity | US$8.58m |
| Total liabilities | US$4.27m |
| Total assets | US$12.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ADCO's short term assets ($9.6M) exceed its short term liabilities ($4.1M).
Long Term Liabilities: ADCO's short term assets ($9.6M) exceed its long term liabilities ($175.0K).
Debt to Equity History and Analysis
Debt Level: ADCO is debt free.
Reducing Debt: ADCO had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ADCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ADCO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 36.1% per year.