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 06Financial 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 16:12 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AvidXchange Holdings, Inc. is covered by 20 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Ramsey El-Assal | Barclays |
| Rufus Hone | BMO Capital Markets Equity Research |