Agrify Balance Sheet Health
Financial Health criteria checks 4/6
Agrify has a total shareholder equity of $5.5M and total debt of $7.2M, which brings its debt-to-equity ratio to 132.5%. Its total assets and total liabilities are $39.0M and $33.5M respectively.
Key information
132.5%
Debt to equity ratio
US$7.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$267.00k |
| Equity | US$5.46m |
| Total liabilities | US$33.50m |
| Total assets | US$38.95m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AGFY's short term assets ($20.8M) do not cover its short term liabilities ($27.8M).
Long Term Liabilities: AGFY's short term assets ($20.8M) exceed its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: AGFY's net debt to equity ratio (127.6%) is considered high.
Reducing Debt: AGFY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AGFY has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AGFY is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.