AFC Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
AFC Group Holdings has a total shareholder equity of NZ$374.5K and total debt of NZ$721.4K, which brings its debt-to-equity ratio to 192.6%. Its total assets and total liabilities are NZ$1.9M and NZ$1.5M respectively.
Key information
192.6%
Debt to equity ratio
NZ$721.39k
Debt
Interest coverage ratio | n/a |
Cash | NZ$4.96k |
Equity | NZ$374.47k |
Total liabilities | NZ$1.51m |
Total assets | NZ$1.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFC's short term assets (NZ$399.8K) do not cover its short term liabilities (NZ$1.4M).
Long Term Liabilities: AFC's short term assets (NZ$399.8K) exceed its long term liabilities (NZ$137.3K).
Debt to Equity History and Analysis
Debt Level: AFC's net debt to equity ratio (191.3%) is considered high.
Reducing Debt: AFC's debt to equity ratio has increased from 0% to 192.6% 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 AFC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AFC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.3% per year.