AvidXchange Holdings Balance Sheet Health
Financial Health criteria checks 4/6
AvidXchange Holdings has a total shareholder equity of $656.4M and total debt of $76.2M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are $2.5B and $1.8B respectively.
Key information
11.6%
Debt to equity ratio
US$76.19m
Debt
| Interest coverage ratio | n/a |
| Cash | US$451.62m |
| Equity | US$656.45m |
| Total liabilities | US$1.83b |
| Total assets | US$2.48b |
Recent financial health updates
No updates
Recent updates
AvidXchange 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 08
Growth 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 07AvidXchange - Not An Avid Holder Here, Despite The Sell-Off
Jan 28AvidXchange Holdings - Not Too Compelled
Oct 17Financial Position Analysis
Short Term Liabilities: AVDX's short term assets ($2.1B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: AVDX's short term assets ($2.1B) exceed its long term liabilities ($154.4M).
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: AVDX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AVDX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.