Abingdon Health Balance Sheet Health
Financial Health criteria checks 5/6
Abingdon Health has a total shareholder equity of £2.2M and total debt of £722.0K, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are £5.1M and £2.8M respectively.
Key information
32.1%
Debt to equity ratio
UK£722.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.44m |
| Equity | UK£2.25m |
| Total liabilities | UK£2.84m |
| Total assets | UK£5.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABDX's short term assets (£3.5M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: ABDX's short term assets (£3.5M) exceed its long term liabilities (£1.0M).
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 sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ABDX is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.