AFC Energy Balance Sheet Health
Financial Health criteria checks 6/6
AFC Energy has a total shareholder equity of £23.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £28.1M and £4.9M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£12.29m |
| Equity | UK£23.23m |
| Total liabilities | UK£4.90m |
| Total assets | UK£28.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QC8's short term assets (£20.3M) exceed its short term liabilities (£4.2M).
Long Term Liabilities: QC8's short term assets (£20.3M) exceed its long term liabilities (£730.0K).
Debt to Equity History and Analysis
Debt Level: QC8 is debt free.
Reducing Debt: QC8 has not had any debt for past 5 years.
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: QC8 has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: QC8 is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.