Abundance International Balance Sheet Health
Financial Health criteria checks 6/6
Abundance International has a total shareholder equity of $36.1M and total debt of $1.6M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are $69.1M and $32.9M respectively.
Key information
4.5%
Debt to equity ratio
US$1.62m
Debt
Interest coverage ratio | n/a |
Cash | US$6.88m |
Equity | US$36.14m |
Total liabilities | US$32.93m |
Total assets | US$69.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541's short term assets ($43.3M) exceed its short term liabilities ($28.3M).
Long Term Liabilities: 541's short term assets ($43.3M) exceed its long term liabilities ($4.6M).
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 35.3% to 4.5% 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 26.7% per year.