ADVFN Balance Sheet Health
Financial Health criteria checks 5/6
ADVFN has a total shareholder equity of £4.8M and total debt of £25.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are £6.4M and £1.6M respectively.
Key information
0.5%
Debt to equity ratio
UK£25.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£4.80m |
Equity | UK£4.78m |
Total liabilities | UK£1.60m |
Total assets | UK£6.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AFN's short term assets (£5.3M) exceed its short term liabilities (£1.6M).
Long Term Liabilities: AFN's short term assets (£5.3M) exceed its long term liabilities (£16.0K).
Debt to Equity History and Analysis
Debt Level: AFN has more cash than its total debt.
Reducing Debt: AFN's debt to equity ratio has increased from 0% to 0.5% 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: AFN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AFN has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 35% each year.