Affirm Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Affirm Holdings has a total shareholder equity of $2.8B and total debt of $7.1B, which brings its debt-to-equity ratio to 249.8%. Its total assets and total liabilities are $10.1B and $7.3B respectively.
Key information
249.8%
Debt to equity ratio
US$7.08b
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.89b |
| Equity | US$2.84b |
| Total liabilities | US$7.30b |
| Total assets | US$10.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFRM *'s short term assets ($2.6B) exceed its short term liabilities ($148.7M).
Long Term Liabilities: AFRM *'s short term assets ($2.6B) do not cover its long term liabilities ($7.2B).
Debt to Equity History and Analysis
Debt Level: AFRM *'s net debt to equity ratio (183%) is considered high.
Reducing Debt: AFRM *'s debt to equity ratio has increased from 131.2% to 249.8% 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, due to free cash flow being positive and growing by 33% per year.