Abundance International Balance Sheet Health
Financial Health criteria checks 6/6
Abundance International has a total shareholder equity of $35.7M and total debt of $1.2M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $73.5M and $37.8M respectively. Abundance International's EBIT is $750.0K making its interest coverage ratio 1.6. It has cash and short-term investments of $4.6M.
Key information
3.4%
Debt to equity ratio
US$1.21m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$4.59m |
| Equity | US$35.65m |
| Total liabilities | US$37.84m |
| Total assets | US$73.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541's short term assets ($48.8M) exceed its short term liabilities ($33.8M).
Long Term Liabilities: 541's short term assets ($48.8M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: 541 has more cash than its total debt.
Reducing Debt: 541's debt to equity ratio has reduced from 40.5% to 3.4% 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 541 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 541 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.7% per year.