Aedge Group Balance Sheet Health
Financial Health criteria checks 4/6
Aedge Group has a total shareholder equity of SGD10.8M and total debt of SGD10.3M, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are SGD24.7M and SGD13.9M respectively.
Key information
95.8%
Debt to equity ratio
S$10.31m
Debt
Interest coverage ratio | n/a |
Cash | S$2.79m |
Equity | S$10.76m |
Total liabilities | S$13.95m |
Total assets | S$24.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XVG's short term assets (SGD9.4M) exceed its short term liabilities (SGD6.7M).
Long Term Liabilities: XVG's short term assets (SGD9.4M) exceed its long term liabilities (SGD7.3M).
Debt to Equity History and Analysis
Debt Level: XVG's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: XVG's debt to equity ratio has increased from 0.2% to 95.8% 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 48.8% per year.