Afentra Balance Sheet Health
Financial Health criteria checks 2/6
Afentra has a total shareholder equity of $70.1M and total debt of $60.2M, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are $345.1M and $275.1M respectively. Afentra's EBIT is $42.8M making its interest coverage ratio 8.5. It has cash and short-term investments of $13.8M.
Key information
85.9%
Debt to equity ratio
US$60.19m
Debt
| Interest coverage ratio | 8.5x |
| Cash | US$13.82m |
| Equity | US$70.07m |
| Total liabilities | US$275.05m |
| Total assets | US$345.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TB8A's short term assets ($76.0M) do not cover its short term liabilities ($97.0M).
Long Term Liabilities: TB8A's short term assets ($76.0M) do not cover its long term liabilities ($178.1M).
Debt to Equity History and Analysis
Debt Level: TB8A's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: TB8A's debt to equity ratio has increased from 0% to 85.9% over the past 5 years.
Debt Coverage: TB8A's debt is well covered by operating cash flow (50.4%).
Interest Coverage: TB8A's interest payments on its debt are well covered by EBIT (8.5x coverage).