African Pioneer Balance Sheet Health
Financial Health criteria checks 5/6
African Pioneer has a total shareholder equity of £4.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £5.5M and £577.5K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£86.71k |
| Equity | UK£4.92m |
| Total liabilities | UK£577.51k |
| Total assets | UK£5.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFP's short term assets (£111.5K) do not cover its short term liabilities (£577.5K).
Long Term Liabilities: AFP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFP is debt free.
Reducing Debt: AFP has no debt compared to 5 years ago when its debt to equity ratio was 53.2%.
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: AFP has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AFP is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.