Affluent Medical Balance Sheet Health
Financial Health criteria checks 2/6
Affluent Medical has a total shareholder equity of €31.5M and total debt of €17.1M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are €56.7M and €25.2M respectively.
Key information
54.4%
Debt to equity ratio
€17.13m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.66m |
| Equity | €31.53m |
| Total liabilities | €25.15m |
| Total assets | €56.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFME's short term assets (€5.8M) do not cover its short term liabilities (€8.4M).
Long Term Liabilities: AFME's short term assets (€5.8M) do not cover its long term liabilities (€16.7M).
Debt to Equity History and Analysis
Debt Level: AFME's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: AFME's debt to equity ratio has increased from 38.4% to 54.4% over the 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: AFME has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AFME is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.