African Pioneer Balance Sheet Health
Financial Health criteria checks 4/6
African Pioneer has a total shareholder equity of £5.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.1M and £378.2K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£389.52k |
Equity | UK£5.68m |
Total liabilities | UK£378.19k |
Total assets | UK£6.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFP's short term assets (£825.9K) exceed its short term liabilities (£378.2K).
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 32.1%.
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: Insufficient data to determine if AFP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AFP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.