Aedge Group Balance Sheet Health
Financial Health criteria checks 4/6
Aedge Group has a total shareholder equity of SGD11.5M and total debt of SGD10.1M, which brings its debt-to-equity ratio to 87.4%. Its total assets and total liabilities are SGD25.0M and SGD13.5M respectively.
Key information
87.4%
Debt to equity ratio
S$10.05m
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.92m |
| Equity | S$11.50m |
| Total liabilities | S$13.47m |
| Total assets | S$24.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XVG's short term assets (SGD10.8M) exceed its short term liabilities (SGD6.4M).
Long Term Liabilities: XVG's short term assets (SGD10.8M) exceed its long term liabilities (SGD7.1M).
Debt to Equity History and Analysis
Debt Level: XVG's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: XVG's debt to equity ratio has increased from 0.1% to 87.4% 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 XVG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XVG 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.