Abingdon Health Balance Sheet Health
Financial Health criteria checks 3/6
Abingdon Health has a total shareholder equity of £1.8M and total debt of £721.0K, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are £4.8M and £3.0M respectively.
Key information
39.7%
Debt to equity ratio
UK£721.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£2.00m |
Equity | UK£1.81m |
Total liabilities | UK£3.01m |
Total assets | UK£4.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABDX's short term assets (£3.8M) exceed its short term liabilities (£2.1M).
Long Term Liabilities: ABDX's short term assets (£3.8M) exceed its long term liabilities (£911.0K).
Debt to Equity History and Analysis
Debt Level: ABDX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ABDX's debt to equity ratio has reduced 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: ABDX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ABDX has less than a year of cash runway if free cash flow continues to grow at historical rates of 34.1% each year.