AFC Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
AFC Group Holdings has a total shareholder equity of NZ$428.4K and total debt of NZ$920.8K, which brings its debt-to-equity ratio to 215%. Its total assets and total liabilities are NZ$2.0M and NZ$1.6M respectively. AFC Group Holdings's EBIT is NZ$128.1K making its interest coverage ratio 1.7. It has cash and short-term investments of NZ$26.2K.
Key information
215.0%
Debt to equity ratio
NZ$920.81k
Debt
| Interest coverage ratio | 1.7x |
| Cash | NZ$26.18k |
| Equity | NZ$428.38k |
| Total liabilities | NZ$1.57m |
| Total assets | NZ$2.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFC's short term assets (NZ$576.0K) do not cover its short term liabilities (NZ$1.5M).
Long Term Liabilities: AFC's short term assets (NZ$576.0K) exceed its long term liabilities (NZ$33.9K).
Debt to Equity History and Analysis
Debt Level: AFC's net debt to equity ratio (208.8%) is considered high.
Reducing Debt: AFC's debt to equity ratio has increased from 0% to 215% 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: AFC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AFC has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.3% each year.