Allied Gaming & Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
Allied Gaming & Entertainment has a total shareholder equity of $84.6M and total debt of $37.3M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are $129.8M and $45.3M respectively.
Key information
44.1%
Debt to equity ratio
US$37.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$77.73m |
| Equity | US$84.57m |
| Total liabilities | US$45.26m |
| Total assets | US$129.83m |
Recent financial health updates
We're Hopeful That Allied Gaming & Entertainment (NASDAQ:AGAE) Will Use Its Cash Wisely
Jan 11
Companies Like Allied Gaming & Entertainment (NASDAQ:AGAE) Are In A Position To Invest In Growth
Aug 19Recent updates
We're Hopeful That Allied Gaming & Entertainment (NASDAQ:AGAE) Will Use Its Cash Wisely
Jan 11Companies Like Allied Gaming & Entertainment (NASDAQ:AGAE) Are In A Position To Invest In Growth
Aug 19We're Hopeful That Allied Gaming & Entertainment (NASDAQ:AGAE) Will Use Its Cash Wisely
Mar 16Allied Esports Entertainment names president Yinghua Chen as CEO
Sep 08Allied Esports Entertainment: Like Buying A $1 Lottery Ticket For 75 Cents
Apr 07What Kind Of Investors Own Most Of Allied Esports Entertainment Inc. (NASDAQ:AESE)?
Mar 21Read This Before Buying Allied Esports Entertainment Inc. (NASDAQ:AESE) Shares
Feb 04HyperX, Allied Esports renews agreement for HyperX Esports Arena Las Vegas
Jan 13Allied Esports Entertainment (NASDAQ:AESE) Share Prices Have Dropped 52% In The Last Year
Dec 13Allied Esports Entertainment EPS misses by $0.07, beats on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: AGAE's short term assets ($102.8M) exceed its short term liabilities ($40.0M).
Long Term Liabilities: AGAE's short term assets ($102.8M) exceed its long term liabilities ($5.2M).
Debt to Equity History and Analysis
Debt Level: AGAE has more cash than its total debt.
Reducing Debt: AGAE's debt to equity ratio has increased from 27.7% to 44.1% 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: AGAE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AGAE has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 19.2% each year