AvidXchange Holdings Balance Sheet Health
Financial Health criteria checks 5/6
AvidXchange Holdings has a total shareholder equity of $676.8M and total debt of $13.9M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are $2.0B and $1.3B respectively.
Key information
2.1%
Debt to equity ratio
US$13.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$394.28m |
| Equity | US$676.80m |
| Total liabilities | US$1.33b |
| Total assets | US$2.01b |
Recent financial health updates
No updates
Recent updates
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce
Nov 07
What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash
Aug 01AvidXchange Holdings: Positive Outlook
May 31AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors
Apr 27AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst
Mar 04Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S
Jan 08Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%
Aug 08AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Aug 06KeyCorp cuts AvidXchange PT to $10, maintains Overweight rating
Jul 07Financial Position Analysis
Short Term Liabilities: AVDX's short term assets ($1.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: AVDX's short term assets ($1.6B) exceed its long term liabilities ($90.8M).
Debt to Equity History and Analysis
Debt Level: AVDX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AVDX'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 AVDX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AVDX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.1% per year.