AFC Energy Balance Sheet Health
Financial Health criteria checks 6/6
AFC Energy has a total shareholder equity of £31.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £36.2M and £5.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£27.37m |
| Equity | UK£31.09m |
| Total liabilities | UK£5.15m |
| Total assets | UK£36.24m |
Recent financial health updates
We're Keeping An Eye On AFC Energy's (LON:AFC) Cash Burn Rate
Nov 04
We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
May 13We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
Jan 19We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
Oct 05AFC Energy (LON:AFC) Is In A Good Position To Deliver On Growth Plans
Jun 14We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
Nov 11Recent updates
We're Keeping An Eye On AFC Energy's (LON:AFC) Cash Burn Rate
Nov 04Is AFC Energy plc (LON:AFC) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 08We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
May 13We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
Jan 19We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
Oct 05AFC Energy (LON:AFC) Is In A Good Position To Deliver On Growth Plans
Jun 14We Think AFC Energy (LON:AFC) Can Afford To Drive Business Growth
Nov 11AFC Energy (LON:AFC) Is In A Good Position To Deliver On Growth Plans
Jun 28We're Not Worried About AFC Energy's (LON:AFC) Cash Burn
Mar 02Financial Position Analysis
Short Term Liabilities: AFC's short term assets (£31.1M) exceed its short term liabilities (£4.2M).
Long Term Liabilities: AFC's short term assets (£31.1M) exceed its long term liabilities (£948.0K).
Debt to Equity History and Analysis
Debt Level: AFC is debt free.
Reducing Debt: AFC 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: AFC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AFC has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 32.2% each year.