Affirm Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Affirm Holdings has a total shareholder equity of $2.6B and total debt of $6.2B, which brings its debt-to-equity ratio to 235.2%. Its total assets and total liabilities are $9.1B and $6.4B respectively.
Key information
235.2%
Debt to equity ratio
US$6.20b
Debt
Interest coverage ratio | n/a |
Cash | US$1.72b |
Equity | US$2.63b |
Total liabilities | US$6.43b |
Total assets | US$9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFRM *'s short term assets ($2.5B) exceed its short term liabilities ($168.9M).
Long Term Liabilities: AFRM *'s short term assets ($2.5B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: AFRM *'s net debt to equity ratio (169.9%) is considered high.
Reducing Debt: Insufficient data to determine if AFRM *'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: Whilst unprofitable AFRM * has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AFRM * is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.3% per year.