AFC Gamma Balance Sheet Health
Financial Health criteria checks 3/6
AFC Gamma has a total shareholder equity of $320.1M and total debt of $130.0M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are $466.6M and $146.5M respectively.
Key information
40.6%
Debt to equity ratio
US$130.01m
Debt
Interest coverage ratio | n/a |
Cash | US$121.63m |
Equity | US$320.05m |
Total liabilities | US$146.53m |
Total assets | US$466.59m |
Recent financial health updates
No updates
Recent updates
AFC Gamma declares $0.56 dividend
Sep 15AFC Gamma: 11.20% Dividend Yield With Solid Q2 2022 Results
Aug 16AFC Gamma Q2 2022 Earnings Preview
Aug 08AFC Gamma Capitalizes On Blooming Cannabis Industry
Jun 08AFC Gamma: Still Pounding The Table On This 12.9% Yield
May 23AFC Gamma: A 10% Raise On This 11% Yield
Mar 14AFC Gamma: Why This 10% Yield Is A Speculative Deep Value Pick
Jan 13AFC Gamma: Attractive 7.2% Yield As Long As Federal Legislation Remains Unchanged
Nov 08AFC Gamma: Getting Into The Weeds (Pun Intended)
Jul 25AFC Gamma: Intro To A Specialized Lender In A Booming Space
Jul 01AFC Gamma drops 8% on 2.75M share offering
Jun 21Financial Position Analysis
Short Term Liabilities: AFCG's short term assets ($466.6M) exceed its short term liabilities ($58.5M).
Long Term Liabilities: AFCG's short term assets ($466.6M) exceed its long term liabilities ($88.0M).
Debt to Equity History and Analysis
Debt Level: AFCG's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AFCG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AFCG's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: Insufficient data to determine if AFCG's interest payments on its debt are well covered by EBIT.