Alphawave IP Group Balance Sheet Health
Financial Health criteria checks 4/6
Alphawave IP Group has a total shareholder equity of $439.2M and total debt of $217.9M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are $873.0M and $433.8M respectively.
Key information
49.6%
Debt to equity ratio
US$217.88m
Debt
| Interest coverage ratio | n/a |
| Cash | US$76.31m |
| Equity | US$439.15m |
| Total liabilities | US$433.84m |
| Total assets | US$872.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWEL's short term assets ($237.1M) do not cover its short term liabilities ($384.8M).
Long Term Liabilities: AWEL's short term assets ($237.1M) exceed its long term liabilities ($49.1M).
Debt to Equity History and Analysis
Debt Level: AWEL's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: AWEL's debt to equity ratio has increased from 31.8% to 49.6% 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: Whilst unprofitable AWEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AWEL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.7% per year.