Agrify Balance Sheet Health
Financial Health criteria checks 2/6
Agrify has a total shareholder equity of $-14.7M and total debt of $21.3M, which brings its debt-to-equity ratio to -144.5%. Its total assets and total liabilities are $45.3M and $60.0M respectively.
Key information
-144.5%
Debt to equity ratio
US$21.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$434.00k |
| Equity | -US$14.71m |
| Total liabilities | US$59.98m |
| Total assets | US$45.27m |
Recent financial health updates
Recent updates
It's Down 50% But Agrify Corporation (NASDAQ:AGFY) Could Be Riskier Than It Looks
Feb 15
Agrify dips on plan to execute 1-for-10 reverse stock split
Oct 17Things Look Grim For Agrify Corporation (NASDAQ:AGFY) After Today's Downgrade
Aug 20Agrify reports Q2 results
Aug 10Agrify Corporation: The 'Backdoor' Weed Play
Jun 07Agrify Corporation (NASDAQ:AGFY) Just Reported Earnings, And Analysts Cut Their Target Price
May 14Agrify Seeks Revenue And Margin Growth In Vertical Integration Play
Mar 09Agrify Corporation: A Risky Play On Indoor Agriculture
Dec 24Agrify Remains Bullish With Increasing Revenue And Expanding Partnerships
Sep 28Financial Position Analysis
Short Term Liabilities: AGFY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AGFY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AGFY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AGFY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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.