Affirm Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Affirm Holdings has a total shareholder equity of $2.6B and total debt of $6.2B, which brings its debt-to-equity ratio to 235.2%. Its total assets and total liabilities are $9.1B and $6.4B respectively.
Key information
235.2%
Debt to equity ratio
US$6.20b
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.72b |
| Equity | US$2.63b |
| Total liabilities | US$6.43b |
| Total assets | US$9.06b |
Recent financial health updates
No updates
Recent updates
Affirm: Acceleration Across The Board
Apr 18Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock
Apr 06Investors Still Waiting For A Pull Back In Affirm Holdings, Inc. (NASDAQ:AFRM)
Apr 03
Affirm Holdings: Get In Before The Fed Cuts
Mar 07Earnings Update: Affirm Holdings, Inc. (NASDAQ:AFRM) Just Reported And Analysts Are Boosting Their Estimates
Feb 10Affirm: The Recent Inflection In The Business Is Under-Appreciated
Jan 23Affirm Holdings, Inc.'s (NASDAQ:AFRM) Subdued P/S Might Signal An Opportunity
Apr 18Affirm, Block, Lightspeed shares lead fintech stocks higher as investors buy the dip
Sep 28Affirm offers 'Buy Now, Pay Later' options for INTERMIX shoppers in new partnership
Sep 21Affirm: Considering The Share Price Implosion And The Company's Opportunities
Sep 07Affirm FQ4 2022 Earnings Preview
Aug 24Affirm Adaptive Checkout named BigCommerce's preferred pay-over-time option
Aug 16Affirm: Time To Go Long
Aug 04Affirm: Strong Partnerships Driving Future Growth
Jul 27Affirm: Borrow-Now-Pay-Later With $1.4B Of Cash Burn
Jul 20Affirm teams up with SeatGeek to provide fans with flexible payment options
Jul 14Affirm: Less Bearish, Upgraded To Neutral
Jul 08Affirm trading in red on price target cut at Piper Sandler amid weak broader market fundamentals
Jun 29Affirm Holdings: A Broken Business Model Tested By Rising Interest Rates
Jun 17Affirm: Built To Win
Jun 07Affirm Does Have Numerous Special Sauces If You Know Where To Look
May 27Affirm: Chasing Growth Hasn't Worked
May 19Affirm: The Tesla Of Finance
May 10Is Affirm Stock A Buy Or Sell After Falling Over 60% In 2022?
Apr 29Affirm: Buy Now, Alpha Later?
Apr 16Affirm: A Software-Defined, Data Preserving, Vertically Integrated Network
Mar 22Affirm: Markets Are Panicked, But We, And Management, Have Never Been More Confident
Mar 14Affirm: A Victim Of The Tech Wreck But I Am Buying More
Mar 07Is Affirm Stock Worth Buying For Long-Term Investors? Not Even At This Price
Feb 25Financial Position Analysis
Short Term Liabilities: AFRM's short term assets ($2.5B) exceed its short term liabilities ($168.9M).
Long Term Liabilities: AFRM's short term assets ($2.5B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: AFRM's net debt to equity ratio (169.9%) is considered high.
Reducing Debt: Insufficient data to determine if AFRM's debt to equity ratio has reduced 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 AFRM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AFRM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.3% per year.