AppTech Payments Balance Sheet Health
Financial Health criteria checks 5/6
AppTech Payments has a total shareholder equity of $4.2M and total debt of $66.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $8.4M and $4.2M respectively.
Key information
1.6%
Debt to equity ratio
US$66.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.28m |
| Equity | US$4.19m |
| Total liabilities | US$4.16m |
| Total assets | US$8.35m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: APCX's short term assets ($1.5M) do not cover its short term liabilities ($4.1M).
Long Term Liabilities: APCX's short term assets ($1.5M) exceed its long term liabilities ($79.0K).
Debt to Equity History and Analysis
Debt Level: APCX has more cash than its total debt.
Reducing Debt: APCX 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: APCX has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: APCX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.