AKCEPT Finance Balance Sheet Health
Financial Health criteria checks 2/6
AKCEPT Finance has a total shareholder equity of PLN-144.2K and total debt of PLN5.9M, which brings its debt-to-equity ratio to -4068.2%. Its total assets and total liabilities are PLN7.5M and PLN7.7M respectively. AKCEPT Finance's EBIT is PLN118.5K making its interest coverage ratio 0.2. It has cash and short-term investments of PLN4.7M.
Key information
-4,068.2%
Debt to equity ratio
zł5.87m
Debt
| Interest coverage ratio | 0.2x |
| Cash | zł4.69m |
| Equity | -zł144.22k |
| Total liabilities | zł7.69m |
| Total assets | zł7.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AFC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AFC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AFC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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, even with free cash flow being positive and shrinking by 17.1% per year.